VIEW CART (FTR Reports Class 8 Orders Continue Steady Climb in August
09.06.17 | FTR
Tweet FTR releases preliminary Class 8 net orders for August at 20,700 units, 14% above July and 50% better than a year ago. Class 8 orders again met expectations as market momentum continues to build ahead of 2018. August orders should help fill up remaining 2017 build slots. This is the best August order performance since 2014. North American Class 8 orders for the past twelve months have totaled 231,000 units.
Click here to view the latest release and an interactive graph of the Class 8 Orders >
Don Ake, Vice President of Commercial Vehicles at FTR, commented, “August orders continue the positive trend in the Class 8 market. Orders were up for the third straight month, and it looks like May’s 16,500 orders will be the low point for the year. Orders are expected to increase in September, leading into robust order activity in Q4.”
“Freight continues to show some impressive growth. This has created capacity tightness in some regions which is expected to spread to more areas as economic growth expands. The capacity crunch will be exacerbated by the ELD mandate, spurring demand for trucks and trailers in 2018.”
The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service. To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1 and follow us on Twitter @FTRintel.Click here to view a sample report >
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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.
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