June’s sharp plunge in U.S. trailer orders reflected increased cancellations, caution on the part of fleets over placing new orders and a very strong comparable month the year before, analysts said.
July 22, 2016BusinessLogistics
June Trailer Orders Plunge 50%
U.S. trailer orders in June sank about 50% from especially robust volumes a year earlier, as the stagnant freight market also prompted a spike in cancellations and a sharp decline in backlog, analysts said.
August 8, 2016BusinessEquipment
Class 8 Orders Fall to the Lowest Point Since 2012
North American orders for Class 8 trucks in June fell to the lowest point in nearly six years, ACT Research Co. reported.
July 6, 2016BusinessLogistics
Trailer Orders Fall 12% in May
U.S. net trailer orders in May reached 14,250 units, the lowest total this year, ACT Research Co. reported, calling it an expected seasonal slowdown.
June 15, 2016Business
May Truck Orders Plunge 30%; OEMs Plan Additional Cutbacks
Class 8 truck orders in May plunged 30% year-over-year, two research firms said, underscoring two truck manufacturers’ recently announced plans to trim production for the second time this year.
June 13, 2016Business
Orders for Commercial Vehicles Fell in May
North American orders in May for new Class 8 trucks fell 31% year-over-year as overcapacity, low late-model used-truck values and weak freight volumes continued to restrain demand, ACT Research Co. reported.
June 3, 2016Business
Class 8 Orders Tumble 39% in April
Class 8 truck orders tumbled 39% year-over-year in April, reaching a seven-year low for the month, in the midst of a weak freight environment, slumping used-truck prices and overstocked dealer lots, two consulting firms reported.
May 4, 2016BusinessLogistics
March Trailer Orders Decline 36%
U.S. trailer orders in March fell sharply year-over-year to the lowest point since July 2013, but earlier orders remain in place, analysts said.
May 2, 2016BusinessLogistics
Trailer Orders Top 13,000, Off 39% Year-Over-Year
U.S. net orders of trailers hit 13,800 in March, down 39% year-over-year as all but dump trailers showed weakness, while backlogs remained solid, research firm FTR said.
April 21, 2016Business
Factory Orders Drop in February in Latest Sign Economic Growth Slowed in First Quarter
New orders for U.S. factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.
April 4, 2016