Transport Topics (July 8, 2021)
Class 8 orders in June cleared 25,000 and bounced 61% higher than those placed a year earlier in the pandemic, ACT Research reported, citing truck makers\u2019 preliminary data. Orders reached 25,700 \u2014 the highest level since June 2018 \u2014 compared with 16,000 in the 2020 period. June\u2019s volume was expected, according to ACT, as the backlog of orders is essentially filled and production slots for 2022 are not fully open. FTR pegged preliminary net orders at 26,700. It said it expected orders to surge, possibly as early as July, when truck makers open the order boards.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices