Class 8 orders climb again

Class 8 net orders climbed again in January, according to ACT Research. The firm said orders were just over 31,100 units in January, a 7% year-over-year increase. Classes 5-7 also posted gains, up 2% year-over-year on 19,700 orders.

The information was recently published in the latest State of the Industry report from ACT.

“Although February’s order volume qualifies as the weakest month in the past five, on a seasonally adjusted basis it also represents of ninth consecutive month of orders over 28,000,” said Kenny Vieth, president and senior analyst. Vieth added that the 2015 build schedule is filling rapidly, so “it is unlikely that this string of robust order activity can extend much beyond April/May.”