Trailer Orders Drop in September (See Revision)
FTR reports preliminary trailer orders fell 25% in September. Component shortages continue to hinder production.
Trailer Orders Fall in August
Labor conditions, component supply chains, and volatile raw material prices continue to prevent OEMs from committing to new trailer orders.
Class 8 Orders Double in August
FTR reports that preliminary North American Class 8 net orders nearly double in August to 21,400 units.
Clogged Supply Chain Impacts Class 8 Orders
OEMs could increase production by about 10% over the current rate if they could get the parts, but the supply chain remains clogged.
Continued Unfavorable Conditions Expected for Shippers
The outlook for the Shippers Condition Index (SCI) is for little change as utilization and rates are expected to remain mildly unfavorable for shippers.
Supply Chain Disruptions Continue to Impact Trailer Orders
Preliminary trailer orders fell in June because OEMs have limited build slots available due to ongoing supply chain disruptions.
Class 8 Orders Show Modest Increase in June
FTR reports that preliminary North American Class 8 net orders show a modest gain in June to 15,000 units.
Fuel Price Increases Threaten Trucking Conditions Index
The outlook is mildly positive in the near term, but ongoing fuel price increases and other factors could result in further negative readings.
May Trailer Orders Similar to April
FTR reports preliminary trailer orders for May were similar to April activity at 18,300 units, -3% m/m and +80% y/y.
Trailer Orders Fall in April
FTR reports trailer orders fell back substantially in April to 16,800 units. Trailer orders for the past twelve months have totaled 252,000 units.
Trucking Conditions Index
FTR’s Trucking Conditions Index (TCI) improved slightly in February ahead of a plunge in March.
FTR Reports March Class 8 Orders
FTR reports preliminary North American Class 8 net orders for March stayed within the tight range of the past several months.
Trailer Orders Driven by Tremendous Demand & Supply Chain Crisis
There is tremendous demand for new trailers and the supply chain crisis has created a severe shortage.
Supply Chain Shortages Still Impacting Trailer Build Rates
FTR reports that the industry is in a tight holding pattern, as supply chain shortages continue to prevent trailer build rates from rising.
FTR Reports Trailer Orders for October 2021
FTR Reports that trailer orders for October fell to 16,800 units as OEMs remain cautious about overbooking.
Large Fleets Drive Trailer Orders in September
FTR reports final trailer orders improved in September to 28,300 units only because a few large fleets sent in requirements for 2022.
FTR Virtual Conference Series
In place of the canceled in-person Transportation Conference, FTR is planning a no-cost, open Conference Virtual Series for the week of Sep13.
North American Class 8 Orders Rise 51% in August 2021
FTR reports preliminary North American Class 8 net orders for August rose 51% from July to 39,400 units.
2021 FTR Transportation Conference Cancelled
Given the growing concerns around COVID-19, FTR has made the difficult decision to cancel their 2021 FTR Transportation Conference.
Trailer Orders Weak in May
FTR reports that trailer orders sank in May to 9,500 units, 42% below April. Y/Y comparisons were still up 112% versus COVID-impacted 2020.
Class 8 Net Orders Slow in May
FTR reports preliminary North American Class 8 net orders slowed in May to 23,600 units.