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Heavy-Duty Truck Orders Hit 12-Year Seasonal Adjusted High in June

Posted July 20, 2018

Under Economic Issues, Logistics & Supply Chain Issues

(DC Velocity)

Want more data points reinforcing the strength in U.S. trucking? Here’s another.

Net “Class 8,” or heavy-duty, truck orders—defined as firm orders minus cancellations – rose to 42,224 units in June, according to consultancy ACT Research. On a seasonally adjusted basis, it is the highest monthly net order volume since March 2006, the consultancy said yesterday. It came during what is typically one of the year’s weakest months, and is the fourth month so far this year that net orders surpassed 40,000 units, ACT said.

The Class 5-7, or medium-duty market, which includes vehicles like large package delivery vans, rose in June to a three-month high, ACT said. The strength in the medium-duty segment was also reminiscent of 2006 activity, according to the firm. Click here to read more.