Class 8 order weakness a result of lengthy backlogs

Preliminary Class 8 orders in December totaled 22,800 units, according to ACT Research, while Classes 5-8 orders dropped to 18,100 units. “For Class 8, with backlogs stretching through 2022 and still no clear visibility on the easing of the everything shortage, modest December net orders reflect OEMs taking a more cautious approach to effectively manage […]

Source: Truck News

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