Class 8 Orders Stay Weak in June: ACT

Class 8 orders remained “weak” through June, while activity in Class 5-7 remained generally unchanged, according to the State of the Industry report released by ACT Research Co. (ACT).

The report covers Class 5 through 8 vehicles for the North American market.

“Class 8 backlogs continue to be consumed at a rapid rate,” said Kenny Vieth, president and senior analyst at ACT said, “With the order shortfall and backlogs becoming increasingly tight, most near-term build plans have been adjusted downward.”

Meanwhile, Vieth said that Classes 5-7 orders in June remained consistent, but there is very little backlog cushion if orders slow from current levels.

Related content: ACT stays bullish on Class 8 demand

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish