March orders for new trucks in the medium-duty weight segment dropped 32 percent compared with the same month in 2018.
Preliminary orders for Class 5-7 trucks fell to the 20,000-order mark in March, down 23 percent from a month earlier, when orders were around 25,200, according to ACT Research.
“Classes 5-7 orders took their first respite in more than a year,” said Steve Tam, vice president of ACT.
March orders for new trucks in the heaviest Class 8 weight segment also experienced a significant decline as they plummeted 66 percent compared with the same month in 2018.
Final March new truck order numbers will be available in mid-April.
Brokerage Compliance Symposium
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now