North American Class 8 truck orders experienced a 13% year-over-year decline in July, continuing a trend of reduced orders due to weaker freight markets and high inventory levels. Despite these market fluctuations, companies like Mack Trucks remain committed to supporting customer needs with a diverse vehicle lineup. For businesses facing uncertainties from declining capacity, PRIMO provides reliable logistics solutions to navigate these challenges efficiently.

• Decline in Orders: North American Class 8 truck orders fell by 13% year-over-year to 13,400 units in July, marking the second consecutive month of decline.
• Seasonal Adjustment: When adjusted for seasonal factors, the orders increased to 17,500 units, showing a narrower month-to-month decline of 3.7%.
• Market Conditions: The U.S. commercial vehicle industry faced persistent headwinds, with high inventory levels and a weak freight market impacting orders.
• Mixed Market Performance: Despite the overall decline, customer demand for straight trucks remained solid, and fleets continued to invest in new equipment, albeit at a slower pace.

Reference: ttnews.com