Transport Topics (March 14, 2022)
Retail sales and orders for Class 8 trucks in February barely budged over January numbers. Sales reached 14,916, a tiny increase over January\u2019s total of 14,854, according to Wards Intelligence. Class 8 orders in February came in at 21,000, or essentially even with January\u2019s volume, according to ACT Research. But compared to a year ago February, numbers were down slightly for sales, 2.9%, and significantly for orders, by more than half. One analyst said it\u2019s the length of the backlog, not the order volume, that best defines the shape of the demand for new trucks.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices