Preliminary Class 8 orders up in January

Feb. 22, 2011
A preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets rose to 27,300 units in January 2011, according to ACT Research Co. The January order volume represents an increase of 320% compared with January 2010. Preliminary net order numbers are subject to revision and are typically accurate to within 5% plus or minus.

A preliminary reading of heavy-duty Class 8 commercial vehicles net orders for North American markets rose to 27,300 units in January 2011, according to ACT Research Co. The January order volume represents an increase of 320% compared with January 2010. Preliminary net order numbers are subject to revision and are typically accurate to within 5% plus or minus.

“The industry began 2011 where 2010 left off: After ending 2010 with three strong order months, the trend continued into January. Over the past three months, Class 8 orders have been booked at an annualized rate of 320,000 units,” said Kenny Vieth, president and senior analyst. “The uptick in orders continues to restock industry backlogs, setting the stage for significant production increases as we move through 2011.”

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!