Most Recent Class 8 Orders
FTR Reports Class 8 Orders Strong Again in February at 22,900 Units
FTR releases preliminary Class 8 net orders for February at 22,900 units, exceeding expectations for the second month in a row with strong y/y comparisons. February orders were up 5% m/m and 28% y/y. The steady order trend has now pushed backlogs to over 100,000 units for the first time since June 2016. February’s solid order activity continued the trend that began in November, with market momentum picking up speed at a measured pace. The current order volumes should enable production to hit or exceed Q2 forecasts. Class 8 orders for the past three months now annualize to 263,000 units.
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