Preliminary data from FTR indicates that North American Class 8 net orders in December reached 31,900 units, a 7% month-over-month decline but a 23% year-over-year increase. This also outperformed the seven-year December average of 29,716 units, showing positive momentum despite a soft freight environment.

For strategic leaders, the data reflects resilience in fleet investments, even amid broader market uncertainties, FTR reports.

FTR analysts note that December is traditionally a slower month for Class 8 orders. However, the 2025 order season (September–December 2024) closed with a 6% y/y gain, suggesting that fleets are positioning themselves for opportunities in 2025 despite freight market softness.

OEMs and fleets have demonstrated an ability to manage seasonal demand fluctuations and maintain confidence in long-term needs, signaling stability in capital investments, according to FTR's blog.

"We continue to watch the ongoing discussions and developments related to President-elect Trump’s plans to impose immediate tariffs on imports from Mexico, Canada, and China as more than 40% of Class 8 trucks sold in the U.S. are built in Mexico," said FTR's Dan Moyer. "Tariffs could significantly disrupt supply chains and raise production costs, compounding disruptions already anticipated due to EPA 2027 NOx regulations. Fleets may adjust order and retail demand strategies in response."

For more Class 8 insights see FTR's latest blog post.