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.

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