February’s North American HD truck orders impress

At a fundamental level, North American freight and truck demand remains both robust and blessed with apparent longevity, writes Oliver Dixon

ACT Research has published preliminary data for North American truck orders for February. At 40,600 units, February 2018’s order intake represented a 74.7% year-on-year increase.

Once again, this is all about context. February is, historically, a strong order month – the ten-year average for order intake during the month measures currently 22,599 units – but February 2018 was abnormally strong; in fact, it was the second-best February …