Strong Commercial Vehicle Order Intake Reiterates Current Market Strength

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The fundamentals that support heavy-duty commercial vehicle demand continue to signal the start of an up-cycle for the market, according to ACT Research Co.

Net orders for Class 8 vehicles continued to surge in January and, despite a modest falloff, commercial trailer orders remained strong. Continued strong demand for equipment indicates trucking fleets are ramping up replacement of vehicles, which has largely been deferred the past two years.

Strong Commercial Vehicle Order Intake Reiterates Current Market Strength - Truckinginfo.com
 

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