Skip to content

Class 8 Truck Orders Jump 37% in September, ACT Says



Click Here!


 Updated:
10/22/2010 12:00:00 PM

September orders of Class 8 trucks totaled 15,231 — up 37% from a year ago, according to a report released Thursday by ACT Research Co.

Seasonally adjusted net orders for the month were the second-highest monthly total in the past two years, ACT said in its latest “State of the Industry: Classes 5-8 Vehicles� report.

“Not only was September the second-best order month, the uptick in orders occurred in what is typically a below-average month,� said Kenny Vieth, ACT president and senior analyst.

“This level of orders is a continuation of the steady increase in demand we have seen building since early this year. Apply September’s seasonal factor, and Class 8 net orders occurred at a nearly 200,000 unit annual rate,� he said in a statement.

Medium-duty orders in Classes 5-7 declined, with net orders down 27% year-over-year, led by a decline in school bus orders.

Excluding school buses and just counting trucks, medium-duty orders were up 17% from a year-ago, ACT said.

Click Here!




© 2010, Transport Topics Publishing Group. All rights reserved.

RELATED ARTICLES

OTHER NEWS BRIEFS

Click Here!

JOIN OUR NEWSLETTER
We'll deliver tax strategies to your inbox from our CPA firm.
We hate spam. Your email address will not be sold or shared with anyone else.