In June, for the eighth straight month, new class 8 truck orders in North American exceeded 20,000. That’s an increase of 143% over last year’s sales up until May.
This means a few things for fleet owners. Firstly, it’s an indication that the economy is slowly recovering and that the trucking industry is steadily inching toward pre-recession levels, which is great news. On the other hand, as owners begin to invest more in new trucks to replace those that have begun to age over the course of the economic downturn, dealers are experiencing a sizable increase in orders. As a result, many truck dealers are running out of available build dates for the remainder of the year.
So as the economy continues to improve, fleet owners shouldn’t wait until the last minute to replace their old trucks. If you need to add to your fleet this year, get the order in as soon as possible.
