VIEW CART (0 ITEMS)


FTR reports preliminary North American Class 8 orders for September at 12,100 units, up 13% m/m but down 72% y/y.

10.07.19 | FTR


FTR reports preliminary North American Class 8 orders for September at 12,100 units, up 13% m/m but down 72% y/y. Class 8 orders continue to track in the 10,000-13,000-unit range for the fifth month in a row. Fleets are moving around, or canceling orders previously placed but are not ordering many new trucks for Q4 delivery. Carriers have not begun ordering for 2020 requirements yet, due to the tariffs and the economic uncertainty. Class 8 orders for the past 12 months have totaled 214,000 units.
 

Click here to view the latest release and an interactive graph of the Trailer Orders >


Don Ake, vice president commercial vehicles commented, “Class 8 orders have been remarkedly consistent, unfortunately, they are stuck at the bottom of the cycle. It’s basically the same story as the last several months, all the orders needed for 2019 were placed months ago and fleets are now adjusting delivery dates and finalizing requirements.”
 
“Fleets are nervous. Freight growth continues to ease back. The latest manufacturing and construction numbers are concerning. The trade issue with China looms. In this environment, fleets see no reason to begin ordering for 2020 until Q4. However, we are returning to normal industry ordering trends after a tumultuous period, and orders should rise in October.”
 
Final data for September will be available from FTR later in the month as part of its North American Commercial Truck & Trailer Outlook service. To contact FTR, email [email protected] or call (888) 988-1699 ext. 1.


The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service.

Click here to view a sample report >


About FTR
For more than 30 years, FTR has served as the industry leader in freight transportation forecasting for the shipping, trucking, rail, intermodal, equipment, and financial communities in North America. FTR’s experts, with over 250 years of combined experience in the transportation industry, provide quantitative analysis with historical and modal-specific insights. FTR’s reports, data, commentary, and insights help clients evaluate market risks, identify new opportunities, and make informed decisions.
 
FTR is the only company with a complete set of freight data for all modes of transportation with detail at the 3 Digit STCC commodity level. FTR tracks and forecasts 200+ unique commodity groups both quarterly and annually using their proprietary Freight•cast U.S. freight transportation model. FTR’s Transportation Conference held annually in September in Indianapolis is a unique event bringing together every aspect of the freight transportation world into one place. For more information www.FTRconference.com
 
To learn more about FTR visit www.FTRintel.com, Follow us on twitter @FTRintel and connect with us on LinkedIn! To contact FTR, call 888-988-1699 or email [email protected]