North America’s Class 8 truck net orders in April totaled 23,026 units, rising 6 percent from the previous month and increasing 37 percent from April 2012, according to FTR Associates’ preliminary data.
Orders for Class 8 trucks have now been above 20,000 for five consecutive months.
“Orders continue to remain at a healthy level, coming in at the high end of our expectations,” said Jonathan Starks, FTR’s director of transportation analysis, in a written statement. “This bodes well for a continuation of the modest growth in equipment sales during 2013.”
“Despite this, our optimism is tempered by the weakness seen in much of the economic data over the last month and by our discussions with fleets,” Starks added. “There is no desire to add equipment in the near-term and merely replacing equipment doesn't create additional equipment demand beyond our current expectations.”