November preliminary North America Classes 5-8 net orders of 36k units declined 33% year over year. Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December.
“Preliminary Class 8 orders totaled 19,700 units in November, down 47% Y/Y, in what is typically the year’s third strongest month for orders,” Carter Vieth, research analyst at ACT Research, said. “Despite last month’s announcement regarding EPA’27 adding much needed clarity for the market, the obvious bottleneck to stronger order activity is lack of carrier profitability. Spot rates continue to tread along the bottom, and while supply is coming out of the market, demand in key freight sectors is lagging.”
Regarding medium duty, he added, “Preliminary reporting shows November NA Classes 5-7 orders decreased 2.9% Y/Y to 16,300 units. Medium duty continues to be impacted by small businesses getting crushed by tariffs, uncertainty and levels of consumer pessimism typically reserved for recessions.”
