Most Recent Class 8 Orders

FTR Reports North American Class 8 Orders for February Remain Subdued at 16,700 Units

FTR reports preliminary North American Class 8 orders for February remained subdued for the second consecutive months at 16,700 units, +5% m/m but down 58% y/y.  January-February 2019 are the lowest two-month period since October-November 2016. 

Several OEM’s are booked solid for 2019 with limited sales slots open for the remainder of the year, so orders are likely to stay in this depressed range until 2020 order boards are opened up.  The weaker orders mean that backlogs will tumble for the second straight month, but they remain at historically high levels.  Class 8 orders for the past 12 months have now totaled 429,000 units. 

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