Drop in Class 8 truck orders in March looks big but analysts aren’t worried

Capt. John

Orders for Class 8 trucks were down in March, according to the two key agencies that supply that data, but the decline is not being described as significant.

According to ACT Research, preliminary data shows that North America Class 8 net orders were 17,300 units in March, which was down 10,400 units from February and 8.7% from a year ago.

Meanwhile, FTR Transportation Intelligence reported a net order figure of 18,200 Class 8 vehicles last month. FTR said that is down 34% from its February...

https://www.freightwaves.com/news/drop-in-class-8-truck-orders-in-march-looks-big-but-analysts-arent-worried

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