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FTR Reports Preliminary Class 8 Orders For July Surprising at 23,920 Units

08.05.15


FTR has released preliminary data showing July 2015 North American Class 8 truck net orders rose for the first time this year  to 23,920 units, this is up 21% month-over month, but down 19% versus last July.  Class 8 orders, were much higher than expectations as a few big fleets placed their large 2016 requirement orders a few months early. Orders were down year-over-year due to a similar, but heftier, spike last July. This follows a comparable rise in commercial trailer orders in June. The market remains robust with Class 8 orders totaling 356,000 units over the last 12 months.


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, "This is a strong order number for July.  Even though most of the market was subdued, the fact that some big fleets have the confidence to place huge orders right now is a great sign for the Class 8 market going forward. Fleets are positive because freight markets continue to grow.  We may see more of this early ordering trend the next two months before the peak order season starts in October."
 

Final data for July 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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