Preliminary Class 8 orders rise in March

April 18, 2011
FTR Associates has released preliminary data showing March 2011’s Class 8 truck net orders for all major North American OEMs totaled 28,871, a 20% increase over February preliminary orders and a 155% increase over the same period in 2010. The March results are a continuation of the strong trend from previous months. The figure includes US, Canada, Mexico, and exports.

FTR Associates has released preliminary data showing March 2011’s Class 8 truck net orders for all major North American OEMs totaled 28,871, a 20% increase over February preliminary orders and a 155% increase over the same period in 2010. The March results are a continuation of the strong trend from previous months. The figure includes US, Canada, Mexico, and exports.

Eric Starks, president of FTR, said, “FTR recently increased our 2011 projections for Class 8 truck sales and the strong order activity in March 2011 supports that decision. The first quarter has been very positive for incoming orders with fleets placing orders primarily for replacement units due to aged equipment. Orders for added capacity vehicles are few at the moment with some fleets still looking for good drivers to fill current seats. Even in face of growing truck freight, driver supply constraints will continue to restrain plans to add capacity.”

Voice your opinion!

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

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

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...