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Truck manufacturers are set to raise the prices of new Class 8 tractors as early as May as a result of tariffs on U.S. imports, with further hikes likely on the way.

Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.

The used Class 8 truck market showed signs of life in July, with sales climbing nearly 17% compared to the same month last year, according to ACT Research.

ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.

Used Class 8 truck sales totaled 20,700 in June, according to the latest ACT Research data, down 3.7% from 21,500 vehicles in the year-ago period and 9.2% lower than May’s 22,800.

Program Aired: October 19, 2021. The STEER Act, a new bill introduced by Rodney Davis, will catalyze adoption of active emissions-reducing technologies by the trucking industry, the 3rd largest emitter of carbon dioxide in the US. Its initiatives will help the US continue to lead in cutting greenhouse gas emissions and put money in truckers’ pockets.

Advanced Clean Transportation on Aug. 18 kicked off a four-month series to discuss environmental sustainability in trucking and the challenges those efforts still face.

North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.

New orders for U.S.-made goods increased for a fourth straight month in March and orders for capital equipment were stronger than previously reported, pointing to a sustained recovery in the manufacturing sector.

America’s factories expanded less than forecast in April as measures of orders and employment pulled back, Institute for Supply Management data showed May 1.