FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / Blogs / Read Blog

Print

Class 8 Truck Orders Increased 55.5% in September 2011

October 12, 2011, 08:01 AM
By
Topic: Equipment News

Transport Topics reported North American Fleets ordered 23,800 new Class 8 vehicles in the month of September, an increase of 55.5% over September 2010’s reported orders.  This performance improvement indicates the heavy-duty truck market recovery is continuing according to analysts.  Per the article, the September 2011 figure exceeded July and August orders of 18,726 and 21,208, respectively.

Transport Topics quoted David Hames, general manager marketing and strategy, Daimler Trucks North America, as saying, “Monthly North American Class 8 truck orders rose nearly 11% from August to September, confirming that truck replacement efforts by the freight carriers are ongoing, despite the mixed economic news.” Hames added, “The carriers are exhibiting confidence that freight will remain at levels requiring new replacement equipment and related improvements in operating efficiencies.”

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.