A year earlier, orders plummeted to 9,902 as the industry faced what ACT called an everything shortage. That was the lowest November total since 1995 when orders were 7,923. The all-time low for November was set in 1982 when orders were 5,462.
This November’s orders are yet another indication of fleets’ pent-up demand, and strong carrier profitability and elevated fleet age, according to ACT.
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