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Learn more at SONAR.FreightWaves.comhttps://s29755.pcdn.co/news/trucking-freight-futures-market-summary-week-ending-6-26-2020
April already was the worst month for Class 8 truck orders in a quarter-century. A late pullback of 10,000 bookings by one manufacturer dropped the month into negative territory with little improvement expected in May and no significant recovery until 2022.
That was the conclusion of industry experts Tuesday at the 13th annual Wolfe Research Global Transportation & Industrials Conference conducted online because of the coronavirus pandemic.
Tepid projections
ACT Research lowered its estimates for...
https://s29755.pcdn.co/news/class-8-orders-went-negative-in-april