Our Blog

Class 8 Backlog Dips in June

Posted by Genie Wood on Thu, Jul 21, 2011 @ 08:13 AM


The North American Class 8 backlog slid less than one percent in June.

According to ACT Research Co.’s latest issue of State of the Industry, the North American Class 8 backlog declined during June after increasing for nine consecutive months. This easing was the result of a second straight month of slower order activity – net orders came in at 21,266 units during June, without seasonal adjustment. June net orders were nine percent below May levels.

“Despite the slowing in new order activity over the last couple of months, it is important to note that the industry backlog continues to be very solid,” ACT president and senior analyst Kenny Vieth said. “Cancellations continue to be very low, an indication of the quality of the orders currently booked at the OEMs.”

ACT publishes commercial vehicle industry data, market analysis, and forecasting services for the North American market.

Truck factoring can be done a number of ways, please contact TBS Factoring LLC by calling 800-207-7661.