North American Class 8 Truck Orders Rise in May Amid Recovery

North American Class 8 Truck Orders Rise in May Amid Recovery

North American Class 8 truck orders rebounded significantly in May, exceeding expectations according to FTR and ACT Research data, though still below replacement demand. Fleet demand resilience and order backlogs are supporting production. Economic conditions, technological advancements, and regulatory policies will continue to shape the market. The industry needs to pay attention to long-term trends and actively respond to challenges. This positive order activity signals continued, albeit moderated, strength in the heavy-duty truck market despite broader economic uncertainties.

01/19/2026 Logistics
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North American Class 8 Truck Orders Rise As Supply Chains Improve

North American Class 8 Truck Orders Rise As Supply Chains Improve

North American Class 8 heavy-duty truck orders rebounded strongly in December, indicating easing supply chain pressures and robust market demand. However, production capacity bottlenecks remain a key constraint on industry development. Moving forward, industry players need to closely monitor market dynamics, proactively address challenges, and seize opportunities to thrive in the face of fierce competition.

01/28/2026 Logistics
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North American Class 8 Truck Orders Drop Sharply Amid Demand Shift

North American Class 8 Truck Orders Drop Sharply Amid Demand Shift

North American Class 8 truck orders experienced a significant decline in November, raising concerns about demand exhaustion and a potential market turning point. This analysis examines the order data, expert interpretations, influencing factors, and future outlook. It also provides insights for the Chinese truck industry, emphasizing the importance of monitoring macroeconomic conditions, enhancing product competitiveness, embracing technological innovation, and strengthening risk management. The report aims to help Chinese manufacturers navigate the evolving global market landscape.

01/28/2026 Logistics
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Customs Implements New Integrated Declaration Rules for Import and Export Goods A Transformative Journey Towards One-stop Clearance

Customs Implements New Integrated Declaration Rules for Import and Export Goods A Transformative Journey Towards One-stop Clearance

Starting from August 1, customs has implemented a new integrated declaration mechanism for import and export goods, merging the customs declaration and inspection forms into a single new declaration. This reform aims to optimize the declaration process, increase customs clearance efficiency, and significantly reduce the workload and labor costs for enterprises, with an expected improvement in clearance speed of 20-30%. Additionally, customs has provided necessary training for businesses to ensure a smooth transition to the new system, ultimately enhancing their competitiveness and participation.

08/02/2023 Logistics
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2024 New Energy Heavy Truck Market Analysis: Strong Growth and Regional Differentiation

2024 New Energy Heavy Truck Market Analysis: Strong Growth and Regional Differentiation

From January to July 2024, the sales of new energy heavy trucks reached 34,647 units, reflecting a robust market performance with a growth rate of 147.81%. Hebei province led in sales with 5,638 units, followed by Shanxi and Guangdong. Traction vehicles are dominant, while dump trucks and mixers are also gaining attention. The vast market potential and policy support make electric heavy trucks a popular choice for logistics transportation, presenting significant growth prospects in the future.

08/20/2024 Logistics
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North American Class 8 Truck Orders Drop Sharply Amid Supply Chain Issues

North American Class 8 Truck Orders Drop Sharply Amid Supply Chain Issues

North American Class 8 truck orders experienced a significant decline in May, impacted by both supply chain bottlenecks and demand uncertainty. While demand persists, limited production capacity and cost pressures have led manufacturers to be cautious in accepting orders. The future market faces multiple challenges, including macroeconomic factors and technological shifts. Fleets, manufacturers, and policymakers need to collaborate to navigate these complexities with cautious optimism.

North American Class 8 Truck Orders Rebound in August Despite Supply Challenges

North American Class 8 Truck Orders Rebound in August Despite Supply Challenges

North American Class 8 heavy-duty truck orders rebounded strongly in August, showing significant month-over-month growth, although still down year-over-year. Pent-up demand and fleet renewal are key drivers, but supply chain bottlenecks remain a constraint. Order volumes are expected to continue to increase in the coming months, with the market potentially recovering in 2023. Close attention to market dynamics is necessary to adjust business strategies accordingly.

01/28/2026 Logistics
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Hours of Service Rule Revision Delayed Amid Democratic Pushback

Hours of Service Rule Revision Delayed Amid Democratic Pushback

House Democrats are calling for a comprehensive review of the new Hours of Service (HOS) rules for truck drivers, potentially delaying their implementation. This could significantly impact the freight market and millions of truck drivers. The proposed review highlights concerns about the potential safety and economic consequences of the new regulations, prompting a closer examination of their impact on the trucking industry and the broader supply chain.

01/21/2026 Logistics
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Truckload Demand Keeps Spot Rates High DAT Reports

Truckload Demand Keeps Spot Rates High DAT Reports

Strong demand for trucking capacity in the United States is driving up spot freight rates. Van, flatbed, and refrigerated truck rates are all increasing, with load-to-truck ratios reaching record highs. This surge in spot rates is beginning to impact contract freight rates as well. The overall market is experiencing significant upward pressure on pricing due to the imbalance between available trucks and shipping demand.

01/28/2026 Logistics
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