Shipping and Logistics

November 7, 2018
Heavy Duty Truck Orders 'Hefty' in October
Written by Sandy Williams
Class 8 truck orders rose in October, reaching 43,000 units for the 10th best month ever. Orders were up 2 percent from September and 19 percent from a year ago. Robust freight volumes have kept truck capacity utilization tight, driving stronger build rates for new vehicles.
“October is traditionally the start of the next year’s order season, so to see strong numbers now is not surprising,” said Don Ake, vice president of commercial vehicles at research firm FTR Transportation Intelligence. “But ordering for 2019 began in July with back-to-back record months. For orders to still be this hefty in October after that is remarkable.


