Upward trend is expected to continue through May, according to FTR. But other analysts fear a mid-year lull in orders could develop.
Class 8 net orders reached 22,800 units in March, according to data tracked by research firm FTR Transportation Intelligence – slightly above expectations and much higher than a year ago for the third consecutive month.
Though Class 8 net order volumes were essentially flat month-over-month, Don Ake, FTR’s vice President of commercial vehicles, noted they were up 41% year-over-year in March with order backlogs now close to where they were a year ago.