COLUMBUS, Ind. — November preliminary North American Class 8 net orders were 41,700 units, rising by 9,000 units from both October and year-ago November, according to ACT Research.
Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December.
“November Class 8 net orders were the highest monthly intake since October 2022,” said Kenny Vieth, ACT’s president and senior analyst. “A modest seasonal factor presses down gently this month, with seasonal adjustment dropping November’s SA intake to 40,100 units, making November the best ‘real’ order month since September 2022. Since the filling of 2024’s orderboards began in earnest in September, Class 8 orders have been booked at a 413k SAAR.”
Even though backlogs, in seasonal fashion, are rising, they continue to point to a different market vibe heading into 2024, Vieth said.
They are “Still good, for sure, but solid, rather than stellar.” he concluded.
Born in Pine Bluff, Arkansas, and raised in East Texas, John Worthen returned to his home state to attend college in 1998 and decided to make his life in The Natural State. Worthen is a 20-year veteran of the journalism industry and has covered just about every topic there is. He has a passion for writing and telling stories. He has worked as a beat reporter and bureau chief for a statewide newspaper and as managing editor of a regional newspaper in Arkansas. Additionally, Worthen has been a prolific freelance journalist for two decades, and has been published in several travel magazines and on travel websites.
