• FTR reports strong August orders

    Sept. 4, 2014

    Class 8 net truck orders remained strong in August, continuing a recent pattern, FTR reported. Don Ake, FTR vice president of commercial vehicles, though, cautioned that the order rate does not indicate as many positives as it did earlier this year.

    “The strength of August orders was not broad-based; and the volume is not as positive as it appears because orders were driven, in part, by dealer incentive programs,” Ake said. “Regardless, business activity remained healthy in August and the Class 8 market is still robust coming out of the summer season.  Order volume was consistent with the FTR forecast.”

    FTR said that August orders came in at 24,947 units, a year-over-year increase of 29%. Class 8 orders have now had nineteen consecutive months with year-over-year increases. The August numbers are the strongest for that month since 2005, FTR said.

    Class 8 orders for the latest six month period through August annualize to 316,000 units.

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Sign up for our free eNewsletters

    Latest from Operations

    4126654 | Phartisan | Dreamstime.com
    driver retention
    Turnover and its causes are expenses we like to ignore or accept as the cost of running a trucking company. In a market like today’s, investing in retention doesn’t mean spending...
    Brakebush Transportation
    Brakebush Transportation was awarded the 2025 FleetOwner Private Fleet of the Year Award, sponsored by Descartes, for midsize operations.
    Members Only
    Leaders of Brakebush Transportation, a century-old family business, share some of their innovative strategies and deep commitments to drivers that earned their operation FleetOwner...
    Schneider
    schneider 90th anniversary
    Schneider hosted an anniversary event, honoring a legacy that began in 1935 and grew to 12,500 trucks today.