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Canadian Class 8 orders up 259%

North American January Class 8 truck orders were up 121% year-over-year, marking their second-best level in history, with Canadian sales more than doubling that number, according to ACT Research.

“And after a couple months hiatus, orders from Canada were broadly strong in January, up 259% year-over-year,” said Kenny Vieth, president and senior analyst.
Overall, North American Class 8 orders totaled 49,100-plus units.

“The only month in history better than January was a 52,000 unit order explosion in March 2006, at the peak of the pre-buying frenzy ahead of EPA07,” ACT reports.
Vieth explained that drivers of the current order onslaught are broad-based, with supply-side, demand-side, and exogenous factors all contributing to Class 8 order activity.

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