Trucker 6614 Buildclass8 1 0

ACT: Class 8 orders surged in January

Feb. 5, 2018
Order backlogs for both heavy- and medium-duty trucks are expected to climb as well, firm says.

Preliminary order numbers posted in January for Class 8 trucks in the North American market reached a 12-year high, according to data tracked by ACT Research – surpassed only by orders posted back in March 2006 orders, during what the firm called the “frenzied period” ahead of the imposition of 2007 exhaust emission regulations.

Medium-duty truck orders also witnessed a spike as well, noted Kenny Vieth, ACT’s president and senior analyst.

According to the firm’s numbers, Class 8 orders increased to 48,700 units in January, which represents a seasonally adjusted month-over-month increase of 41% and a 107% increase year-over-year.

Medium-duty orders came in at a seasonally-adjusted 32,300 units in January, ACT added, which is up 56% month-over-month and 34% year-over-year. “This is the best month since July of 2006 and the third best month on record,” said Vieth.

Using preliminary February orders and the corresponding OEM build plans, ACT said order backloads are expected to spike for both heavy- and medium-duty trucks.

The Class 8 backlog is likely to rise by 25,200 units to 159,000 units overall, which will mark the highest Class 8 backlog volume since May of 2015, according to the firm’s projections.

Meanwhile, the medium-duty order backlog will jump by 12,000 units, to 66,800 units overall – a volume not seen since January of 2007, ACT said.

About the Author

American Trucker staff

Sponsored Recommendations

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Voice your opinion!

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