Initial Class 8 orders for November show a varied trend.
by Web Administrator
Dec 06, 2024 10:20
Preliminary November Class 8 truck net orders showed mixed results, with FTR reporting 33,500 units, a 12% increase from October but a 7% annual decline. Despite this, orders exceeded seasonal averages, indicating slight positive momentum for 2025. Year-to-date, orders are up 9% annually, reflecting ongoing investment in new equipment despite a sluggish freight market. ACT reported 37,200 units for November, a 21% increase from October but 11% lower than last year. Upcoming tariffs may impact production and order trends in early 2025.