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It was a tough month for for-hire truck tonnage in March, with tonnage sliding 2%. However, industry watchers continue to see signs of improvement on the
Sales of new Class 8 trucks fell further behind last year’s pace in March, according to data received from Wards Intelligence, just as analysts expected.
The spot market continues to reflect improving rates, even though volumes pulled back in the most recent week on record. Truck buyers took to the
Despite decline in orders, ACT and FTR analysts noted it was expected.
Orders for Class 8 trucks were down in March, according to the two key agencies that supply that data, but the decline is not being described as significant. According to ACT Research, preliminary data shows that North America Class 8 net orders were 17,300 units in March, which was down 10,400 units from February and 8.7% from a year ago.