April’s preliminary North American Class 8 net orders total 23,300 units, continuing a narrow trend that has been in place since last October, according to research released today by Americas Commercial Transportation (ACT) Research, Co.
ACT is the recognized leading publisher of commercial vehicle industry data, market analysis and forecasting services for the North American market.
Over the past seven months, orders for Class 8 tractors have not dropped below 20,100 units, nor have they risen above April’s 23,300 count. Along the same vein, orders for Classes 5-7 trucks are in line with a three-month order trend, accounting for 15,800 orders in April.
“April’s Class 8 preliminary net orders were up sequentially and year over year,” said Kenny Vieth, ACT Research president and senior analyst. “April was the third consecutive month of positive year-over-year comparisons. While April’s Classes 5-7 volume was down from year-ago levels, the three-month order average is running slightly ahead of the year-ago comparison,” he added.
Typically, preliminary net orders are accurate to within five percent.