Class 8 Truck Orders Backlogged Until 2022


Autonomous Trucks

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The approximately 30% decrease in orders compared with April highlights an ongoing demand strength, explains ACT Research’s President and Senior Analyst Kenny Vieth (shown). Photo: ACTWith new Class 8 truck orders from April having essentially filled the backlog for the remainder of 2021 in North America, and with 2022 order books not yet opened, it’s no surprise that order numbers plummeted in May. The approximately 30% decrease in orders compared with April orders highlights an ongoing demand strength rather a weakening, explained ACT Research’s President and Senior Analyst Kenny Vieth in a press release. North American Class 8 in May were 22,900-23,600 unit, down between 30-32% compared with last month, according to ACT and FTR, respectively. Carriers need more trucks on the road now, but semiconductor and other component shortages continue to restrict production,” Ake explains.