FTR has released preliminary data showing September 2015 North American Class 8 truck net orders at 19,460 units, 0.4% below August. The September order activity met expectations albeit with a higher anticipated cancellation rate for the second month in a row.
Base Class 8 order activity has been consistent for the past five months. September 2015 follows the trend of previous months with a -21% year-over-year comparison. However with heavy ordering early in the period, the past 12 months continue to annualize at a solid rate, now at 345,000 units. ...More