The latest numbers from FTR showed that preliminary North American Class 8 net orders in September reached 30,000 units, marking a 107% month-over-month (m/m) increase but a 4% year-over-year (y/y) decline. FTR says this figure falls in line with seasonal expectations as the average September order level over the last seven years is 32,170 units.
FTR said that given current stagnation in the truck freight market from a volume and rate perspective, this is a very balanced order number and suggests an initial, healthy level of demand for new trucks in 2025, as September is typically the opening of order boards for the following year.
