NewsTrucking

March medium-duty truck orders drop 32 percent from one year ago

Photo: Freightliner

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.

Tags
Show More

Clarissa Hawes

Clarissa has covered all aspects of the trucking industry for 13 years. She is an award-winning journalist known for her investigative and business reporting. Prior to joining FreightWaves, she wrote for Land Line Magazine and Trucks.com. Clarissa lives in Grain Valley, Missouri, with her family.

Leave a Reply

Your email address will not be published. Required fields are marked *

Close