Class 8 truck net orders are projected to significantly increase in 2017.
FTR had forecasted an increase in December of 2016, seeing a 10% gain over November.
Class 8 backlogs are expected to increase, giving the market momentum in the first few months of the new year.
Despite this, order activity was considered 24% below for December, according to industry research.
The expected freight demand will keep the market active for the next few months, though.
Source : www.truckinginfo.com