Truck building is picking up.
North American production of trucks in the heaviest Class 8 weight segment reached an 18-month high in May, according to trucking industry consulting firm ACT Research.
The increase follows a strong first quarter of heavy-duty truck orders that translated into increased production starting in April.
“There’s already been enough orders to fill production capacity for the second quarter of the year,” Kenny Vieth, president and senior analyst for ACT, told Trucks.com.
Of the roughly 68,000 units of truck production planned for the third quarter of the year, manufacturers have orders for all but 18,200 production slots, Vieth said.
Class 8 retail sales have also gone up, jumping to 21,200 units in May. This is just shy of December’s sales volume of approximately 21,300 units, which represent the best sales month in the past year, according to ACT Research.