Transport Topics (March 14, 2022)

Retail sales and orders for Class 8 trucks in February barely budged over January numbers. Sales reached 14,916, a tiny increase over January’s total of 14,854, according to Wards Intelligence. Class 8 orders in February came in at 21,000, or essentially even with January’s volume, according to ACT Research. But compared to a year ago February, numbers were down slightly for sales, 2.9%, and significantly for orders, by more than half. One analyst said it’s the length of the backlog, not the order volume, that best defines the shape of the demand for new trucks. Learn more about your ad choices. Visit podcastchoices.com/adchoices