The Economy

Backlog for Class 8 Commercial Vehicles Eases in June

July 19, 2011

Orders slow down for second straight month, but research firm still optimistic about the industry.

After increasing for nine consecutive months, the backlog for Class 8 commercial vehicles in North America slid less than 1% during June.

The easing, according to ACT Research's "State of the Industry" report, was the result of a second straight month of slower order activity, as net orders came in at 21,266 units during June.

June net orders were 9% below May levels.

"Despite the slowing in new-order activity over the last couple of months, it is important to note that the industry backlog continues to be very solid," said Kenny Vieth, president and senior analyst at ACT. "Cancellations continue to be very low, an indication of the quality of the orders currently booked at the OEMs."

ACT's report covers Class 5 through Class 8 vehicles.

About the Author

Josh Cable | Former Senior Editor

Former Senior Editor Josh Cable covered innovation issues -- including trends and best practices in R&D, process improvement and product development. He also reported on the best practices of the most successful companies and executives in the world of transportation manufacturing, which encompasses the aerospace, automotive, rail and shipbuilding sectors.

Josh also led the IndustryWeek Manufacturing Hall of Fame, IW’s annual tribute to the most influential executives and thought leaders in U.S. manufacturing history.

Before joining IndustryWeek, Josh was the editor-in-chief of Penton Media’s Government Product News and Government Procurement. He also was an award-winning beat reporter for several small newspapers in Northeast Ohio.

Josh received his BFA in creative writing from Bowling Green University, and continued his professional development through course-work at Ohio University and Cuyahoga Community College.

A lifelong resident of the Buckeye State, Josh currently lives in the Tremont neighborhood of Cleveland. When the weather cooperates, you’ll find him riding his bike to work, exercising his green thumb in the backyard or playing ultimate Frisbee.