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Trade Uncertainty Stunts Class 8 Truck Orders
Thursday, October 3, 2019 - 4:37pm | 546Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade tensions slowing swaths of the manufacturing economy. ACT Research pegged September Class 8 orders at 12,600 units. FTR Transportation...
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Used Truck Prices Drop For First Time Since January 2018
Thursday, September 26, 2019 - 6:17pm | 465The final average price of total used Class 8 trucks in August fell 1 percent year over year, the first price decline since January 2018, according to ACT Research. For the year to date, prices are up 7 percent. Overall, used truck sales were down 19 percent through August this year compared...
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Class 8 Truck Orders Down Nearly 80 Percent Over August 2018
Thursday, September 5, 2019 - 3:22pm | 602Preliminary orders for Class 8 trucks fell about 80 percent compared with August 2018's record orders. All eyes are on the fall months to see how soft the market for new equipment will be. Class 8 truck orders fell for the 10th consecutive month in August. (SONAR:Orders:CL8) Orders fell for the...
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Class 8 Engine Sizes Shrink As Emissions Rule Changes Loom
Friday, August 30, 2019 - 4:38pm | 692The size of engines powering Class 8 tractors is expected to decrease as fleets seek to reduce fuel consumption and meet three rounds of strict federal emission requirements in the next decade. Engines over 10 liters (L) are projected to account for more than 85 percent of Class 8 truck production...
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Class 8 Orders Rise Slightly In June, But Post Worst First Half Of Year Since 2010
Wednesday, July 3, 2019 - 12:26pm | 550=Class 8 new truck orders rose in June from a three-year low a month ago, but the first six months of the year accounted for the slowest first half since 2010. June orders of 13,100 were 69 percent below one of the peak months of a 2018 ordering spree, according to preliminary data from ACT...