Class 8 orders rebounded in August

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Class 8 orders bounced again to 21,600 items in August, in accordance with preliminary information from ACT Analysis.

“Final month, we sounded a be aware of warning, with the caveat that there have been numerous mitigating elements [extended backlogs, order seasonality, and still-closed 2023 order boards] that prevented us from extrapolating an excessive amount of from July’s weak orders,” mentioned Eric Crawford, ACT’s vice-president and senior analyst.

“Despite elevated financial uncertainty, service profitability and unmet demand proceed to help exercise.”

Lessons 5-7 orders totaled 18,400 items. ACT expects each Class 8 and Lessons 5-7 backlogs to shorten when full August information are launched.

Navistar truck wheel
Employees set up a brake drum on a car because it takes form on Navistar’s meeting line in San Antonio, Texas. (Picture: Navistar)

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