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ACT: July Class 8 orders signal strong demand amid tight backlogs
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ACT: July Class 8 orders signal strong demand amid tight backlogs
COLUMBUS, Ind. —Final North American Class 8 net orders totaled 22,562 units in July, up 71% year-over-year but down 29% month-over-month on a seasonally adjusted basis, according to ACT Research’s latest State of the Industry: NA Classes 5-8 report. “Robust demand for new equipment continues, supported by improved spot and contract rates, as evidenced by the recent earnings strength among publicly traded truckload carriers,” said Carter Vieth, …
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