June Truck Orders Drop 36% From Last Year
[Stay on top of transportation news: .]
North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially during June, according to .
Preliminary data showed orders decreased 36% year over year to 9,400 units. They also tumbled 28.8% from the 13,200 units reported for May. Orders have trended below prior-year levels since the start of 2025.
“Publicly traded for-hire fleets ended Q1’25 with the weakest net income margins since Q1’10,” ACT research analyst Carter Vieth said. “Private fleets have spent the past two years adding fleet capacity and have little need for additional supply. On the vocational side, worsening housing and construction markets and regulation uncertainty has sapped strength that looked all but certain at the beginning of the year.”
also reported Class 8 preliminary net orders for June decreased 36% year over year to 8,900 units with a sequential decline of 25%. The report noted that the month typically experiences a modest sequential increase. But ongoing tariff volatility, coupled with economic and freight market uncertainty, has led many fleets to scale back orders.
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers.Tune in above or by going to .
“Market uncertainty is further heightened by the potential implementation of Section 232 tariffs on Class 8 trucks and their components along with anticipated revisions to EPA 2027 NOx emissions standards,” said Dan Moyer, senior analyst of commercial vehicles at FTR. “As a result, many fleets are postponing equipment purchases. Record-high inventories are placing additional downward pressure on demand and production.”
FTR also noted in the report that net orders were significantly below the 10-year average of 19,213 units for June and marked the lowest number for the month since 2009. The on-highway and vocational segments each experienced reduced demand compared with the previous month, though on-highway accounted for most of the decline.
Want more news? Listen to today's daily briefing belowor go here for more info:
