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Class 8 orders show improvement in January

Jason Cannon February 4, 2013

Orders of Class 8 trucks rose 7 percent in January over the month before but still lagged 11 percent behind January 2011, according to a report released Monday by FTR Associates.Orders of Class 8 trucks rose 7 percent in January over the month before but still lagged 11 percent behind January 2011, according to a report released Monday by FTR Associates.

The preliminary report says 22,235 units were ordered last month notin Class 8 vehicles have been above the 20,000 mark for the past four months – a mark of strength after a soft mid-2012. 

“We’ve been forecasting a weak start to 2013 and the numbers we’re now seeing, while improving, are still below where they should be for a solid recovery,” Eric Starks, president of FTR says. “Washington has resolved part of the looming fiscal cliff crisis in the short term and business investment picked up in the fourth quarter, which is a good sign that businesses are willing to spend money. Hopefully, more fleets will take these as positive signs to now go ahead and place some orders for equipment that they need.”

 Preliminary order numbers are for all major North American OEMs.

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