Truck orders begin to climb as freight volumes improve

July 6, 2020

North American Class 8 net orders last month reached 15,500 units, according to preliminary data released Friday by FTR, cracking the 10,000 unit mark for the first time since February.

June’s tally was up 130% from May and jumped 20% year-over-year. Class 8 net orders for the last 12 months total 158,000 units.

“Preliminary data show that June orders for medium and heavy duty vehicles jumped to a four-month high, rising above the combined April and May order tally,” said Kenny Vieth, ACT Research President and Senior Analyst.