Most Recent Class 8 Orders

FTR Reports North American Class 8 Orders Fall Unexpectedly in February to 14,100 Units

FTR reports preliminary North American Class 8 orders for February fell an unexpected 20% from January, to a total of 14,100 units. This is the lowest order activity for the month of February since 2010 and down 18% y/y. Fleets were already being very cautious in equipment purchases due to the flat freight market and slowing economy; now the COVID-19 virus has added to that uncertainty. Orders had been right at replacement levels for four months but now it appears fleets will take a pause in replacing older trucks until current anxiety dissipates. Class 8 orders have totaled 177,000 over the past twelve months.

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