X

Heavy truck orders up 13% in 2013

Jason Cannon January 28, 2014

December was a banner month for Class 8 truck orders – and it was the second biggest order month since March 2006 – as orders climbed roughly 50 percent month-over-month and year-over-year.

According to ACT Research Co., medium-duty net orders in December didn’t fare quite as well, falling month-over-month with mixed year-over-year orders.

“The U.S. and Canada did the ‘heavy lifting’ for Class 8 orders in December, while Mexico and non-NAFTA orders moved sideways at low levels,” says Kenny Vieth, president and senior analyst at ACT Research Co., LLC. “Strengthening domestic demand has been supported in the second half of the year by improving economic activity that has translated into improved profits for truckers.”

Classes 6-7 were up 20 percent and Class 5 orders fell 16 percent against tough comparisons. For the year, Class 8 net orders were up 17 percent from 2012 while Classes 5-7 orders rose 10 percent.

“The softness in December’s Classes 5-7 orders is viewed as a temporary pause following two very strong order months for medium duty,” Vieth adds.

Poll

Do you actively capture and use customer data?

Latest

Trailer orders up 45% in 2014

DuraClass debuts heavy-duty dump truck body

June Class 8 orders a pleasant surprise

Popular

Heil Trailer spotlighted in Fox Business broadcast

Wiethop truck tech graduates with honors

Allstate Peterbilt South Dakota dealership lost in fire

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.