Truck Market 'Extremely Strong' as Class 8 Sales Remain Robust for Second Consecutive Month

Don Ake, FTR vice president of commercial vehicles, said, “The rare back-to-back 40,000-unit months in October and November is a result of fleets placing orders into the middle of 2015 to secure build slots due to tight production capacity. Confidence in the economy and positive factors in the trucking sector are motivating fleets to place orders very early in this cycle. Trucking capacity remains tight and fleets continue to need more trucks. Orders may be weaker at the beginning of 2015, since some fleets have half of their expected 2015 requirements already in the backlog.”

Final data for November will be available from FTR later this month as part of its North American Commercial Truck & Trailer Outlook service.

Source: FTR