The weak trucking market is still not heavily impacting new truck orders, which remained reasonably strong in February, according to the two firms that most closely track the level of activity.
In releasing its report on preliminary orders for Class 8 vehicles, FTR Transportation Intelligence put the seasonally adjusted number for February at 25,700 units. That is down 9% from January but up 11% from February 2023. FTR said the number was “above seasonal expectations.”
The running 12-month total...