Transport Topics

Transport Topics (June 5, 2020)


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North American Class 8 orders in May sank below 7,000, ACT Research reported, and industry analysts said more progress off the bottom will occur slowly as long as COVID-19 remains a major concern. Orders were 6,700 compared with 10,886 a year earlier. Orders in April fell to 4,100, the lowest since 1995. ACT Vice President Steve Tam said the industry is taking its first step back to whatever normal may be, and that to do what is right and keep people safe is going to take more time and resources. Research firm FTR pegged orders at 6,600. Don Ake, an executive with the firm, said the number is consistent with a slower comeback.
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Transport TopicsBy Transport Topics

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