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FTR Reports North American Class 8 Orders Again Top 40,000 in December

01.06.15


FTR has released preliminary data showing December 2014 North American Class 8 truck net orders at 43,620, the third consecutive month above the 40,000 level.  December’s order strength, unlike the previous two months, was broad based among OEMs, with almost all manufacturers showing healthy increases from the previous month indicating an overall vibrant truck market.  Total N.A. Class 8 truck orders for 2014 equaled 375,000 units, the second highest order year in history (vs. 2004) with 2014Q4 orders exceeded only by 2006Q1.  


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, “The market momentum is now feeding on itself with orders once again exceeding expectations in December.  Reports are that more than 75% of the larger fleets have their 2015 orders booked.  One OEM reportedly has lead times for volume orders out to July.  With build slots at a premium, fleets have accelerated orders for 2015 requirements to reserve their places for future deliveries.  Some of these orders will inevitably be moved out or even cancelled, but for now the industry is very bullish on the 2015 truck market.”

Final data for December 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.

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