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FTR Reports December Preliminary Net Class 8 Orders at 21,200 – Same as forecasted

01.06.17 | FTR


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. 


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, “Another decent month that met expectations. Orders have been following stable, traditional, patterns for six months now, which is great news after the large drop off in 2016.  Production was weak in December, but based on the Q4 orders, it should begin a modest recovery in February.”

“The most recent economic news has been positive, so freight demand should keep orders propped up for a few more months.  2017 still looks to be a tough year, but now backlogs are growing and that means the worst should be behind us for now.”

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About FTR
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.