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Truck orders at best levels in 8 years

Jason Cannon April 4, 2014

Preliminary data shows March 2014 was another strong month for net truck order activity.

According to FTR March 2014 Class 8 truck net orders were 27,139, the fourth consecutive month of solid order activity. December 2013 through March 2014 is the best four-month period since 2006, the agency says.

“This is a great order total for the month of March,” Don Ake, FTR Vice President of Commercial Vehicles, says. “The market is maintaining strength and confirms we are in a solid growth cycle.  OEM’s are expected to increase build rates in response to their growing backlog.”

The past 14 months have each shown a year-over-year improvement with totals for Q1 2014 35 percent above Q1 2013.  The last six months of Class 8 order activity annualize to 337,000 units as orders continue to meet positive expectations.

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