BLOOMINGTON, Ind. – Preliminary North American Class 8 orders
for May were strong according to analysts at FTR Transportation
The forecasting company reports preliminary North American orders
sitting at 35,200 units last month, falling slightly below the six-month
average of 40,000 units per month – volumes never before seen in the
Although the numbers were lower than they have been, orders still
exceeded expectations as fleets try to keep up with huge freight
North American Class 8 orders for the past twelve months have now totaled 386,000 units.
FTR vice president of commercial vehicles Don Ake says the capacity crunch is the tightest the industry has ever seen.
“Long-time veterans in this industry are saying this is the best
freight market they have ever seen. Fleets cannot add capacity fast
enough and as long as the economy and manufacturing are going great,
this capacity crisis will continue.”
Ake indicated a shortage of truck parts has been holding up
deliveries, exacerbating the situation and leading fleets to grab every
available build slot in an attempt to get more trucks before the end of
Delivery dates for orders are starting to spill over into the early months of 2019.
“It is a red-hot market.”
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