Medium and heavy duty classes 5-8 orders were at healthy levels again in September, according to the latest State of the Industry report, recently released by ACT Research. Total net orders for Class 8 were 24,842 units, up 31% year-over-year. Classes 5-7 net orders, at 19,486, rose to their third strongest level since early 2008.

“The past couple of weeks have seen volatility in equity markets, but key economic and freight data points relating to commercial vehicle demand continue to trend positive,” said Kenny Vieth, ACT’s president and senior analyst. Speaking to the strength in Class 8 order4 activity, Vieth noted, “Through year-to-date September, net orders have been booked at a seasonally adjusted annual rate of 349,000 units, a rate above the 328k orders booked in the past 12 months.”

To view the full ACT Research report, click here.