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            august 20, 2019

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United States new heavy-duty truck orders in July lowest since 2010


New American truck orders in July fell to their lowest level since 2010, more evidence that a trucking sector recession is taking hold, reports New York's FreightWaves.
FTR Transportation Intelligence reported preliminary orders of 9,800 units. That was down 82 per cent from the same month last year when fleets rushed to secure build slots for new equipment in a robust economy.
ACT Research reported the preliminary July order number at 10,200, the lowest since February 2010. Adjusted for seasonal factors, 12,100 orders were placed, the lowest since October 2016.

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