Class 5 Sees Best Order Month in Five Years: ACT

Class 5 Sees Best Order Month in Five Years: ACT

Class 5-8 orders were strong in October, with Class 5 experiencing its best order month in five years.

Class 5-8 orders were strong in October, with Class 5 experiencing its best order month in five years, according to the State of the Industry report, recently released by ACT Research Co. (ACT).

“October brought a sharp move upward from the prevailing order trend for Class 8. Given that market conditions are good but not great, it is premature to say that trend will continue through November and December,” said Kenny Vieth, president and senior analyst at ACT Research Co., LLC.

“For medium duty, October is typically the peak month for orders and this month’s results did not disappoint. Class 5 saw its best order month in 5 years, and Classes 6-7 orders were the second best this year.”
 

 

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