Transport Topics (May 6, 2021)
Class 8 truck orders in April hit 33,500, ACT Research reported, and the volume underscored how far the industry has rebounded from a year earlier when orders were the lowest since 1995. ACT, citing truck makers’ preliminary data, noted orders were 689% higher than the 4,251 in April 2020. The orders were 16% below the March number of 40,000 orders. The April orders also were the lowest since September, but that was to be expected, ACT President Kenny Vieth said. “The decline was strictly driven by the supply of open-build slots in 2021, rather than a change in new equipment demand,” Vieth said in a release.