Most Recent Class 8 Orders
FTR Reports Class 8 Orders Still Steady in March at 22,800 Units
FTR reports preliminary Class 8 net orders for March at 22,800 units, slightly above expectations and much higher than a year ago for the third consecutive month. March orders were basically flat m/m and up 41% y/y. Backlogs are now close to where they were a year ago, and production rates are expected to increase significantly beginning with March totals. Orders are forecast to stay close to this level through May, similar in trend to 2013. Class 8 orders for the past six months now annualize to 243,000, consistent with expected future build rates.
Image Graph (right-click to save):
"...The information enables us to make informed business decisions and aids in forecasting..."