Preliminary Class 8 net orders stay strong

Mar 16, 2011 11:15 AM

A preliminary reading of heavy-duty Class 8 commercial vehicle net orders for North American markets totaled 24,300 units in February 2011, according to ACT Research Co. Even though the February order volume is down 3,000 units from January, it maintains the strength of the North American Class 8 market demonstrated the past four months. This time period annualized represents an order flow of more than 272,200 units (SAAR). Preliminary net order numbers are subject to revision and are typically accurate to within +/- 5%.

“The industry is continuing in 2011 where it left off in 2010,” said Steve Tam, vice-president–commercial vehicle sector. “The strength in orders continues to restock industry backlogs and fuel increasing build as the industry moves through the year.”

Reprints and Licensing
© 2013 Penton Media Inc.

Acceptable Use Policy
blog comments powered by Disqus







Directories

Newsletter

Events

Visit Our Directories

Access our growing list of guides and directories:

· Refrigeration Unit Repair Directory
· LTL Routing Guide
· Warehousing and Distribution Directory
· Gross Revenue Reports




Subscribe to our Newsletter

Refrigerated Transporter’s Business Picture is a weekly update of news and trends in refrigerated transportation and logistics.

Check out our calendar

Come here to see upcoming events in the Refrigerated Transport Industry. Mark your calendars early!

Search 2.5+ million listings
Browse Back Issues