North America is topping their count of preliminary Class 8 truck orders for the first time in two years. This is largely due to consumer goods coming in through higher demand. This is additional support in evidence found in higher trucking profits and freight rates. Trucks are naturally reliable and this line of Class 8 models are no exception, as the result of equipment orders continues on robustly.

Net orders have been soaring above 40,100 units. This has not been the case for trucking since October 2018. Bookings have since been up and onwards from 26% up. 83% year after year. Rolling on through 12 months, Class 8 orders have been standing at 215,000 units.

This had some impact from the lockdown moments of the pandemic. This corona virus has been ravaging plenty of the United States, as far as livelihoods go. And yet, there have been new equipment orders heading over en route for 2021. Fleets are still ordering Class 8 trucks to this day. In larger quantities than ever before. This is largely in anticipation for 2021.

In September, consumer sales were rising for the fifth consecutive month, as the U.S. Department of Commerce so neatly put.

For plenty of fleets of the Class 8 market, September was truly a turning point. That’s what Don Ake believes. Ake is the FTR Vice President of Commercial Vehicles. “Fleets became much more confident about future freight demand.”

Consumers Drive The Demand

The demand is pretty much responsible for the way the freight maarket is currently. Manufacturers that were shut down for a bunch of March and April were able to see pullback. That is if in the case the virus was to lead to other shutdowns. But plants were able to be set up to operate safely in spite of the virus. This wasn’t the casebefore. It’s pretty simple to see that the shift in consumer spending has been helpful for local trucking services.