Truck sales continue their downward trend

摘要

Across the truck industry, sales numbers have been dropping. Preliminary numbers are in for April, and according to both FTR and ACT Research Co., heavy-duty sales are down for the month. ACT's preliminary numbers show 33,800 new orders from Classes 5-8 (13,700 from Class 8 and 20,100 from Classes 5-7). That's a 16% drop from March and a 39% drop from last April. Kenny Vieth, ACT's president and senior analyst, chalks this up to "an ongoing overcapacity narrative, a resulting weak freight rate environment, softness in late-model used truck values, and excessive new vehicle stocks."