Class 8 Orders Up 14% in June: FTR

Preliminary data shows June Class  8 truck net orders at 18,606, 14% above a year ago, and year-to-date orders  annualizing to 261,300, compared to total 2012 orders of 224,600 units,  according to FTR Associates.

However, June’s total was down  18% less from May and it was the first month orders have been below 20,000  since November 2012.

“Orders were slightly below the  general expectations but a decline was not surprising given the typical summer  slowdown in orders,” said Jonathan Starks, FTR’s director of transportation  analysis. “One month of a small drop in orders is not enough to have a  substantial impact on our production forecast for 2013. HOS has begun but is  unlikely to impact order activity (either up or down) for several months. For  now it is business as usual."

Final data for June will be  available from FTR later in the month as part of its North American Commercial  Truck & Trailer Outlook service. Contact FTR Associates at ftr@ftrassociates.com or 1-888-988-1699 ext 1 for  more details.

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