Most Recent Class 8 Orders
FTR Reports December Preliminary Net Class 8 Orders at 21,200 – Same as forecasted
FTR releases preliminary Class 8 net orders for December at 21,200 units, up 10% m/m, and spot on the FTR forecast. The solid December order activity is very consistent with the order demand of the last two months. Discounting October’s cancellations, Q4 month-to-month orders were extremely stable. Class 8 backlogs should rise significantly in December, giving the market some modest momentum starting off 2017. Net orders were only 164,000 in 2016, but production was aided by the large backlog at the beginning of the year.
Image Graph (right-click to save):
"...So much data, when it comes to your desk, has to answer 'so what does it mean to me?' and FTR does that..."
Leading Industry Shipper