Class 8 orders weak in January due to ‘supply-side shortages’

Class 8 orders in January totaled just 21,300 units, with Classes 5-7 orders dropping to 16,500, according to preliminary data from ACT Research. The industry analyst attributes weak order activity to continuing component shortages, which have kept OEMs from taking new orders. “Constrained production capabilities and long backlogs continue to hamper new order activity. Order […]

Source: Truck News

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