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Most Recent Class 8 Orders

FTR Reports Class 8 Orders Retreat in May to 16,300 Units

FTR releases preliminary Class 8 net orders for May at 16,300 units, retreating after a long, steady streak that had begun in October 2016. May order activity was below expectations, falling 31% under April.  In spite of this slowdown, Class 8 orders for May 2017 were up 29% y/y.  Every OEM, save one, suffered declines in orders to varying degrees for the month.  The drop was not totally surprising, as fleets had been placing strong orders for the last several months for second half delivery.  The FTR 2017 forecast looks solid, if orders maintain this pace through the summer.  Total orders for the past twelve months have totaled 211,000 units.

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