Final North American Class 8 net orders totaled 13,465 units in July. Exports and Mexico accounted for 13% of July’s orders, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report.

“The Class 8 backlog fell 13,626 units m/m in July, to 114,291 units. With two more build days, July’s build rate decreased on a per day basis,” according to Kenny Vieth, ACT’s President and Senior Analyst. “Still-strong production, coupled with lower orders, continues to drain units from the backlog, and with inventories now at record levels, current production levels are likely coming under increasing pressure.”

Regarding inventories, Vieth added, “Class 8 inventories are at an all-time high in July at 88,803 units.”