July orders for heavy and medium duty trucks were on the rise for the second month in a row, according to ACT Research's latest State of The Industry report.
The report found that 30,103 Class 8 trucks were ordered in July and year to date orders are 33% higher than in 2013. Class 5-7 truck orders were also strong at 15,834 and their numbers have been running 10.5% better last year.
“While one strong month may be statistical noise or an outlier, the July orders fit into a robust pattern that has held up since the start of the year,” said Jim Meil, ACT’s industry analysis principal.
(more on rising July truck orders . . . )
