Slump deepens for heavy truck orders

Medium-duty orders down as well, but not steep as those for Class 8.

A deep decline in Class 8 orders for the month of July is not surprising trucking industry analysts all that much, as both freight demand and rates remain subdued.

North American Class 8 orders slumped to 10,500 units in July, according to data tracked by ACT Research, down 19% from June, down 57% year-over-year, and marking the lowest order level since the first quarter of 2010.

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Source:: http://fleetowner.com/equipment/slump-deepens-heavy-truck-orders