ACT: Medium Duty Orders Fall 10% M/M, Heavy Duty Comes in Flat



According to preliminary data from ACT Research, in October, 32,400 Classes 5-8 net orders were booked. Final order numbers will be published in mid-November.

“NA Classes 5-7 orders at 18,400 units, were down 10% from September and 18% compared to year ago October orders,” said Kenny Vieth, ACT’s president and senior analyst. “The month’s 13,900 net order reflects lingering overcapacity from too many Class 8 tractors being purchased relative to freight creation in 2015 and into early 2016.”

As October is typically a strong order month for both medium and heavy duty vehicles, seasonal adjustment amends actual volumes lower.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com