FTR: Class 8 Orders Fall in January
Preliminary data shows North American Class 8 truck net orders fell to 18,062 units in January, a 48% year-over-year decrease, according to FTR. According to Jonathan Starks, chief operating officer at FTR, 2016 is starting off even weaker than 2015, where orders fell from 376,000 in 2014 to 284,000. “It is not looking to be
FTR’s TCI Reaches 3-Year Low
FTR’s Trucking Conditions Index (TCI) reached a three-year low of 4.91 in May after it dropped another 25%. The drop comes from softer capacity, pricing, and fuel prices, FTR announced in a press release. After the partial suspension for the latest hours of service changes, the tight capacity earlier this year has eased and FTR
Preliminary Class 8 Orders for May See Sharp Drop
FTR has released preliminary data showing May 2015 North American Class 8 truck net orders at 19,714 units, an 11% month-over-month decline and 23% lower than a year ago. Orders fell in May for the third consecutive month and dipped below the 20,000 threshold for the first time since September 2013. All major OEMs were
Class 8 Truck Orders in April Down 10% vs. Last Year
FTR has released preliminary data showing April 2015 North American Class 8 truck net orders at 22,076 units, an 11% month-over-month decline and 10% drop from a year ago. The additional order drop off in April reflects market stabilization returning to traditional seasonal trends, with Class 8 orders now totaling 373,000 units over the last
Strong January for Class 8 Truck Orders
FTR released preliminary data showing January 2015 North American Class 8 truck net orders at 35,060 units, the strongest activity for January since 2006. “Even though orders were their lowest in the last four months, the market remains very robust,” said Don Ake, FTR vice president of commercial vehicles. “Fleets are now trying to determine
Fleets ‘Bullish’ on 2015 Truck Market
FTR released preliminary data showing December 2014 North American Class 8 truck net orders at 43,620. According to the research firm, December’s order strength, unlike the previous two months, was broad-based among OEMs, with almost all manufacturers showing healthy increases from the previous month. FTR reported that total North American Class 8 truck orders for
Class 8 Truck Orders Top 40,000 for Second Consecutive Month
North American Class 8 truck net orders reached 40,560 units in November, indicating an extremely strong truck market, according to FTR. This is the second consecutive month above the 40,000 level, said the research firm. According to FTR, Class 8 orders have totaled 363,000 in the last 12-month period. “The rare back-to-back 40,000 unit months
Class 8 Orders Strong In September
Preliminary data from FTR shows September 2014 North American Class 8 truck net orders at 24,477 units, the best September since 2005 and 27% above a year ago, according to FTR. Class 8 orders for the latest six month period through September annualize to 310,000 units.
August Class 8 Truck Orders Increase
FTR has released preliminary data showing August 2014 North American Class 8 truck net orders at 24,947 units, a year-over-year increase of 29%. Class 8 orders for the latest six month period through August annualize to 316,000 units. According to FTR, Class 8 orders have had 19 consecutive months with year-over-year increases.
Class 8 Orders Continue to Grow
FTR preliminary data for July 2014 North American Class 8 truck net orders show a 71% grow year over year, making 2014 the second best July ever. FTR reports July’s net orders as 29,516 units, noting that the current level order will change capacity constraints by the end of the year. “July is typically the
FTR Reports Best June Since 2005
FTR has released preliminary data showing June 2014 North American Class 8 truck net orders at 26,255 units, a 41% year-over-year increase and the best June since 2005. According to FTR, Class 8 orders have now had 17 consecutive months with year-over-year increases. Class 8 orders for the latest six month period through June annualize
FTR Reports Strongest May Since 2006
FTR has released preliminary data showing May 2014 North American Class 8 truck net orders at 25,605 units, a 14% year-over-year increase and the strongest May since 2006. The company also reported that Class 8 orders have now had 16 consecutive months with year-over-year increases. Class 8 orders for the latest six month period through
