Transport Topics (Dec. 10, 2021)
November was not a good month for Class 8 orders. According to ACT Research, orders plunged to 9,800, a 26-year low. Last year, in the month of November there were 52,104 orders. The truck order number encompasses all North American orders. It’s the lowest November total since 1995 when orders only reached 7,923. Class 8 order backlogs extend deep into 2022, nearing 281,000 units, and the backlog-to-build ratio was 14.6 months.