North American Class 8 Truck Orders Jump Amid Economic Recovery
North American Class 8 heavy-duty truck orders surged in September, up 160% year-over-year, reaching the highest level since October 2018. Key drivers include economic recovery, increased freight volume, rising freight rates, and pent-up demand. The market outlook is optimistic, but attention should be paid to risks related to the pandemic, supply chain disruptions, and policy changes. Companies should seize opportunities and proactively address challenges.
