Class 8 orders drop in May

North American orders for Class 8 trucks dropped to 16,800 units for May, according to data tracked by ACT Research; a 30% decline from April, the firm noted.

While Steve Tam, ACT's vice president, noted in a statement that May's Class 8 order volume is the lowest in the past seven months, it is still 18% higher year-over-year when compared to May 2016. On top of that, the May's dip corresponds to a seasonally-expected decline in orders, he stressed.

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