Why it matters
The decline may signal caution among trucking fleets, a U.S. industry that moves goods, but the supplied report gives no figures on effects on freight prices, jobs or deliveries.
ECONOMY • NORTH AMERICA
North American heavy-truck orders fell 36% year over year in October
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BLUF
North American orders for Class 8 heavy trucks fell 36% year over year in October, according to FTR. FreightWaves attributes the decline to regulatory uncertainty, equipment costs and tighter fleet budgets.
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