Trade Resources Company News The Class 8 Truck Industry Ended 2013 on a High Note with About 31,800 New Orders

The Class 8 Truck Industry Ended 2013 on a High Note with About 31,800 New Orders

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The Class 8 truck industry ended 2013 on a high note with about 31,800 new orders in December, a 50% jump from the same month a year earlier, ACT Research reported.

Last month's net orders tally was a 50% increase from November's total, according to ACT's preliminary data.

"This is the time of the year when the large fleets and leasing companies are in the market, and large Class 8 order volumes are most likely. As such, an above-trend number was expected," Kenny Vieth, ACT's president and senior analyst, said in the Jan. 3 statement.

 

Source: http://www.ttnews.com/articles/basetemplate.aspx?storyid=33845&t=Class-8-Orders-Surge-50%25-in-December
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Class 8 Orders Surge 50% in December
Topics: Transportation