The very economically sensitive orders of heavy (Class 8) trucks in the US continue to be robust.
“This is an odd situation. We are in a highly uncertain, yet very stable, environment. You have a pandemic, a presidential campaign, and social unrest all occurring at the same time. However, the economy is briskly recovering and generating ample freight. Fleets are ordering only what they need, and thus, orders are aligning very closely to production rates.“
