For More Information Contact:
Chris Kemmer, Consultant
CK Marketing & Communications
614-459-9369/614-459-9379(Fax)
or
Helen Lile
FTR Associates
888-988-1699 – Ext. 45
FOR IMMEDIATE RELEASE
FTR Associates Reports Significant Increase in Class 8 Orders for
June
Nashville, IN (July 7, 2010) FTR Associates has released preliminary data showing June Class 8 truck total net orders for all major North American OEM’s at 15,667 units, a 20.5% increase over the previous month net orders and 90.8% better than June 2009. June orders reflect an annualized rate of 188,000 units, boosting the annualized rate for the first half 2010 orders to 137,000 units. The figure includes U.S., Canada, Mexico and Exports.
Eric Starks, President of FTR, commented, “The increase in order activity is a welcome sign that the recovery for the commercial vehicle industry remains on track. With the stronger order activity, production levels in the third quarter will likely be higher than initially anticipated”.
Final data for June will be available from FTR later in the month. Contact FTR Associates at ftr@ftrassociates.com or 1-888-988-1699 ext 0 for more details.
FTR Associates, located in Nashville, IN, has been a leader in transportation forecasting for over 20 years. The company’s U.S. Freight Model collects and analyzes all data likely to impact freight movement and is based on specific characteristics for over 200 commodity groups. FTR Associates’ forecast reports cover trucking and rail transportation and include demand analysis for commercial vehicle as well as railcar. Specially designed reports are offered to participants in both industries to cover specific needs. For more information about the work of FTR Associates, visit www.ftrassociates.com or call Helen Lile at 888-988-1699 ext. 45.