{"id":3331,"date":"2022-03-11T21:09:20","date_gmt":"2022-03-11T21:09:20","guid":{"rendered":"https:\/\/cantruck.ca\/supply-chain-crunch-continue-to-restrain-truck-orders\/"},"modified":"2025-01-10T16:43:30","modified_gmt":"2025-01-10T16:43:30","slug":"supply-chain-crunch-continue-to-restrain-truck-orders","status":"publish","type":"post","link":"https:\/\/cantruck.ca\/fr\/supply-chain-crunch-continue-to-restrain-truck-orders\/","title":{"rendered":"Supply Chain Crunch Continue to Restrain Truck Orders"},"content":{"rendered":"<div>\n<p><span style=\"font-size: 16px;\">Orders for Class 8 trucks remain flat despite strong industry demand, signaling that OEMs expect ongoing supply chain challenges to continue.<\/span><\/p>\n<\/div>\n<p>\u201cBy not booking more orders, OEMs are signaling that the supply chain remains clogged, and they don\u2019t anticipate being able to ramp up production in the next couple of months,\u201d explained Don Ake, FTR\u2019s vice-president of commercial vehicles, in a press release.<\/p>\n<p>North America registered about 21,000 Class 8 truck orders in February, down 2% on the month but down a full 53% year over year.<\/p>\n<p>\u201cThe steady order numbers do not reflect at all the huge demand for new trucks. There is a severe shortage of new and used trucks and the economy continues to generate steady freight growth in all segments,\u201d Ake said. \u201cEven with the recent stagnant booking volumes, orders for the last 12 months are at an impressive 320,000 units.\u201d<\/p>\n<p>The challenges are not limited to Class 8 trucks. February\u2019s Class 5-8 orders were essentially flat compared to January, said ACT Research president and senior analyst Kenny Vieth. ACT Research reported net Class 5-7 orders of 18,300 units in February.<\/p>\n<p>Order volumes largely reflect actual production activity, he added.<\/p>\n<p>\u201cWhile order weakness is attributable to supply constraints, the ground rules of data collection play a part: The OEMs only report orders that are scheduled to be built within 12 months. With backlogs effectively stretching 12 months, and with limited forward visibility, order volumes have largely been mirroring production activity.\u201d<\/p>\n<div>\n<figure class=\"wp-block-image size-full\">&nbsp;<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Orders for Class 8 trucks remain flat despite strong industry demand, signaling that OEMs expect ongoing supply chain challenges to continue. \u201cBy not booking more orders, OEMs are signaling that&#8230;<\/p>\n","protected":false},"author":2,"featured_media":783,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[16,62],"tags":[794,1050,1086],"class_list":["post-3331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-conditions","category-operations-safety","tag-class-8","tag-manufacturers","tag-truck-orders"],"acf":[],"_links":{"self":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/comments?post=3331"}],"version-history":[{"count":0,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/posts\/3331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media\/783"}],"wp:attachment":[{"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/media?parent=3331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/categories?post=3331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cantruck.ca\/fr\/wp-json\/wp\/v2\/tags?post=3331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}