ACT reports Class 8 backlogs are at highest level since July

Data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicated that amid an ongoing strong build, a strong and growing order level led to a backlog in January Class 8 truck orders to 125,000 units, representing its highest backlog volume since July 2012.

By ·

Data released this week by ACT Research, a provider of data and analysis for trucks and other commercial vehicles, indicated that amid an ongoing strong build, a strong and growing order level led to a backlog in January Class 8 truck orders to 125,000 units, representing its highest backlog volume since July 2012.

ACT officials said that this level of cancellations, build, and order are in line with expectations.

“The Class 8 build rate fell back to the prevailing trend in January at 1,253 units per day, following the rush to build and deliver units into the end of 2011,” said Kenny Vieth, president and senior analyst at ACT, in a statement. “Concerning orders, almost half of orders booked in January are scheduled to be built in the first half of the year.”

In a recent interview with LM, Vieth said there was a nice run-up in 2010 backlogs on the trailers side, with orders being placed that go into backlog and then get built. And in 2011, he explained that there were more orders than build, indicating that backlogs ended 2011 at a higher level than 2010.

Due to this dynamic, he said that it is likely that demand will remain strong on 2012 because of a high level of orders to backlogs and a low level of cancellations.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
The Internet of Things and the Modern Supply Chain
Learn today how the internet of things is transforming supply chain operations.
Download Today!
From the February 2017 Issue
As the new administration sends waves of uncertainly through the global trade community, this could be the best time ever for shippers to build an investment case for GTM. Here are five trends you need to watch if you’re about to put these savvy systems to work
Carrier Consolidation Keeps Shippers Guessing
Getting Value from the Cloud
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Advance your career with the fastest growing logistics certification – APICS CLTD
During this webcast presenters will give an overview of APICS and the new Certified in Logistics, Transportation and Distribution (CLTD) designation. Learn how the CLTD program can help you stay on top of current trends and advance your career.
Register Today!
EDITORS' PICKS
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...

Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...