New Truck Orders Are Setting Records

Class 8 truck orders were up 75% year-over-year in the month of December, 2017. Orders reached nearly 38,000 compared to 21,400 a year earlier. These numbers were the highest in 3 years. Experts believe that the spike in orders are due to a number of factors. The main reason is the anticipation of President Trump’s infrastructure bill, along with construction companies increased jobs in 2018. The Associated General Contractors of America expect demand for all types of general construction to increase. Orders have been on the rise for the last three months.

source:transport topics