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Mar 6, 2017

RISING ORDERS FOR CLASS 8 TRUCKS * USA

* Indiana - Sales of heavy duty trucks rose in February point to trucking industry rebound
--- Sales of heavy duty trucks rose in February, pointing to a turnaround in the trucking industry... North American orders for trucks in the heaviest Class 8 weight segment rose 28 percent to 22,900 vehicles compared with the same month a year earlier, according to FTR Transportation Intelligence. February’s order level was 5 percent above January... The steady order trend pushed backlogs to over 100,000 units for the first time since June 2016, the research firm said... The rebound is good news for truck manufacturers. The industry slashed production and laid off thousands of workers in the U.S. last year... Class 8 orders for the past three months translate to an annualized sales pace of 263,000 units, Ake said. Class 8 truck sales fell to 216,000 last year after reaching 278,000 in 2015...
(Photo: by Brian Hadden/Trucks.com) -- Bloomington, IND USA - Trucks.com, by JERRY HIRSCH - MARCH 3, 2017

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