Heavy-Duty Truck Orders Strengthen During May -- Market Talk

Dow Jones06-05

0910 ET - Orders for heavy-duty commercial trucks in North America rose 49% in May against a low year-ago comparison volume, says market forecaster ACT Research. The firm reports preliminary orders for 23,200 trucks in the US, Canada and Mexico last month, up 46% from April. Sales of heavy-duty trucks this year have been weak before what is expected to be a buying spree in 2025 before new regulations on engine emissions take effect in 2027 that are expected to increase truck prices. Truck orders typically weaken during 2Q because trucking companies usually pull back on ordering during the summer. ACT says some truck buyers may be getting the jump on next year's surge by ordering early. (robert.tita@wsj.com)

(END) Dow Jones Newswires

June 05, 2024 09:10 ET (13:10 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2441275051?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-06-05 21:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2441275051","market":"nz","top_or_hot":-1,"title":"Heavy-Duty Truck Orders Strengthen During May -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0910 ET - Orders for heavy-duty commercial trucks in North America rose 49% in May against a low year-ago comparison volume, says market forecaster ACT Research. The firm reports preliminary orders for 23,200 trucks in the US, Canada and Mexico last month, up 46% from April. Sales of heavy-duty trucks this year have been weak before what is expected to be a buying spree in 2025 before new regulations on engine emissions take effect in 2027 that are expected to increase truck prices. Truck orders typically weaken during 2Q because trucking companies usually pull back on ordering during the summer. ACT says some truck buyers may be getting the jump on next year's surge by ordering early. (robert.tita@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 05, 2024 09:10 ET (13:10 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Heavy-Duty Truck Orders Strengthen During May -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHeavy-Duty Truck Orders Strengthen During May -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-05 21:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0910 ET - Orders for heavy-duty commercial trucks in North America rose 49% in May against a low year-ago comparison volume, says market forecaster ACT Research. The firm reports preliminary orders ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2441275051","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2441275051","pubTimestamp":1717593000,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0910 ET - Orders for heavy-duty commercial trucks in North America rose 49% in May against a low year-ago comparison volume, says market forecaster ACT Research. The firm reports preliminary orders for 23,200 trucks in the US, Canada and Mexico last month, up 46% from April. Sales of heavy-duty trucks this year have been weak before what is expected to be a buying spree in 2025 before new regulations on engine emissions take effect in 2027 that are expected to increase truck prices. Truck orders typically weaken during 2Q because trucking companies usually pull back on ordering during the summer. ACT says some truck buyers may be getting the jump on next year's surge by ordering early. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4550":"红杉资本持仓","BK4149":"建筑机械与重型卡车","PCAR":"帕卡","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC"},"translate_title":"5月份重型卡车订单增强——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCAR":0.9},"content_text":"0910 ET - Orders for heavy-duty commercial trucks in North America rose 49% in May against a low year-ago comparison volume, says market forecaster ACT Research. The firm reports preliminary orders for 23,200 trucks in the US, Canada and Mexico last month, up 46% from April. Sales of heavy-duty trucks this year have been weak before what is expected to be a buying spree in 2025 before new regulations on engine emissions take effect in 2027 that are expected to increase truck prices. Truck orders typically weaken during 2Q because trucking companies usually pull back on ordering during the summer. ACT says some truck buyers may be getting the jump on next year's surge by ordering early. (robert.tita@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  June 05, 2024 09:10 ET (13:10 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2441275051"}