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FTR Reports Preliminary Class 8 Orders for August at Lowest Level in Two Years

09.05.15


FTR has released preliminary data showing August 2015 North American Class 8 truck net orders at 19,550 units, the lowest level since September 2013.  Orders for August were down 18% versus July and 22% year-over-year.  With the exception of July, which was positively impacted by a new large fleet order, the pace of recent Class 8 orders has been consistent, within 2,000 units each month since May.  With the heavy ordering that proceeded this period, Class 8 orders over the past twelve months have annualized to a solid 350,000 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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