Preliminary August Class 8 truck net orders showed a 2% increase from July, reaching 13,400 units, but were down 16% year-over-year, according to FTR and ACT Research. Factors such as a stagnant freight market and full order boards contributed to this below-average growth, which typically sees a 20% rise. Despite these challenges, year-to-date orders are 14% higher than last year. ACT noted that August is historically the last month of weak orders before new ones are opened, with concerns over market overcapacity and low carrier profits persisting.

Source: https://www.logisticsmgmt.com/article/preliminary_august_class_8_net_orders_are_up_sequentially_and_down_annually/