Class 8 orders dip in February

Class 8 truck net orders for North American markets totaled 24,300 units in February, down 3,000 from January, according to ACT Research Co.

Even though the February order volume declined, the Class 8 market remains strong, ACT said. It placed the annualized total at more than 272,200 units. Preliminary net order numbers are subject to revision.
 
โ€œThe industry is continuing in 2011 where it left off in 2010,โ€ said Steve Tam, ACT vice president. โ€œThe strength in orders continues to restock industry backlogs and fuel increasing build as the industry moves through the year.โ€