Jan 07, 2016 at 08:07 AM CST
William B. Cassidy, Senior Editor
Has U.S. truck capacity peaked? The latest round of truck orders indicates it has not.
Net orders for Class 8 heavy trucks rebounded in December, rising 70 percent from November after plunging 60 percent that month, according to transportation research firm FTR.
At 27,800 units, according to preliminary data, Class 8 net orders were still 36 percent lower than in December 2014, when stronger freight demand and an optimistic outlook had heavy truck orders pouring into manufacturers and “big iron” tractors flying off truck dealers lots.