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Expect an increase in Class 8 Truck Orders

Expect an increase in Class 8 Truck Orders

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

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