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FTR Reports Preliminary Class 8 Orders For June Predictable at 19,624 Units

07.02.15


FTR has released preliminary data showing June 2015 North American Class 8 truck net orders fell for the fourth straight month to 19,624 units, 25% below a year ago. Class 8 orders, while fairly predictable for the period, were somewhat above the current seasonal trend showing just a 2% month over-month-decline from May. The market remains robust, reflected in the orders received in what is typically a weak order month. There are few build slots available for the balance of the year due to the solid backlogs as Class 8 orders over the last six months equate to an annual rate of 305,000 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, “The Class 8 market is heading into the summer order “bottom” at a very normal, predictable pace. The drop in orders is not cause for concern at all. Orders should continue to trend down in July and possibly even August. Fleets right now are evaluating their 2016 requirements, and quoting activity by the OEMs has just started. Class 8 orders will remain rather subdued until the fall order season kicks in this October."
 

Final data for June 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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