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FTR Reports Preliminary Class 8 Order Level for September Basically Unchanged from August

10.05.15


FTR has released preliminary data showing September 2015 North American Class 8 truck net orders at 19,460 units, 0.4% below August.  The September order activity met expectations albeit with a higher anticipated cancellation rate for the second month in a row.  Base Class 8 order activity has been consistent for the past five months.  September 2015 follows the trend of previous months with a -21% year-over-year comparison.  However with heavy ordering early in the period, the past twelve months continue to annualize at a solid rate, now at 345,000 units. 


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


Don Ake, FTR Vice President of Commercial Vehicles, commented, “Historically August is one of the lowest ordering months, so if we have bottomed out at 20,000 units, that’s positive.  It shows the market is stabilizing at a fairly high rate resulting in a reasonably soft landing as production begins to moderate.  We expect orders to remain at this level in September before steadily rising beginning in October.

Final data for August 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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