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FTR Reports Another Strong Month of Class 8 Orders in September

10.02.14


FTR has released preliminary data showing September 2014 North American Class 8 truck net orders at 24,477 units, the best September since 2005 and 27% above a year ago. September is just the latest month to show year-over-year improvement, now at twenty consecutive months. 

Class 8 orders for the latest six month period through September annualize to September Class 8 orders were similar to August and may reflect some pull ahead of Q4 orders in response to OEM production constraints as fleets attempt to reserve build slots. 


Click here to view the latest release and an interactive graph of the Class 8 Truck Orders>


Don Ake, FTR Vice President of Commercial Vehicles, commented, “If some of the September activity is indeed pull ahead, Q4 orders will be below expectations for the time period. However, Class 8 orders overall are solid across the board and in line with FTR forecasts. Order activity has snapped back into traditional seasonal patterns, albeit at levels consistent with a very strong Class 8 market. We enter the fourth quarter with positive momentum, which means the first quarter build numbers should be robust. “

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, send an email to [email protected] or call (888) 988-1699 ext. 1.

For more than two decades, FTR has been the thought leader in freight transportation forecasting in North America. The company’s national award-winning forecasters collect and analyze all data likely to impact freight movement, issuing consistently reliable reports for trucking, rail, and intermodal transportation, as well as providing demand analysis for commercial vehicle and railcar. FTR’s forecasting and specially designed reports have resulted in advanced planning and cost-savings for companies throughout the transportation sector.