Truck orders dip, await opening of 2022 order books
Jun 3, 2021 Most fleets have ordered all the trucks they need for 2021 and are getting frustrated because production is unable to keep up with demand. Heavy truck orders reached 22,900 units last month, down 32% from April, according to preliminary data released by ACT Research. May 2021 numbers were 242% higher than May 2020’s COVID-dampened order intake. “As we have been tracking for several months, medium- and heavy-duty backlogs for the remainder of 2021 were essentially filled with April’s orders,” said Kenny Vieth, ACT president and senior analyst. He added, “With 2022 or...