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Tuesday, October 15, 2024

Truck Orders Strong

Truck order activity closed out 2015 on a strong note, according to preliminary figures from ACT Research.

Classes 5-8 orders totalled 49,700 units, up 40% from November.

โ€œDecemberโ€™s volume represented the strongest aggregate month for net orders since 50,900 orders were booked in February, 2015,โ€ said Kenny Vieth, ACTโ€™s president and senior analyst. โ€œDespite being up sequentially, orders fell over 17,000 units, or 26%, from December 2014, marking the ninth consecutive month in which industry orders fell below year-ago levels.โ€

Class 8 net orders, at 28,100 units, posted their strongest month since February. They were up 68% compared to November but still 36% below December 2014, the fourth best month ever for volume.

Classes 5-7 orders were above 20,000 units for the third time in the past four months, the first time that has happened since mid-2006, ACT reports.