Heavy-Truck Orders Collapse Stunning 81%. Lowest Since 2010

Orders for Class 8 trucks – the iconic trucks that haul part of the  economy’s goods across the country – collapsed by 81% in July compared  to July last year, to 9,800 units, the lowest since 2010, according to FTR Transportation Intelligence on Friday. It was the ninth month in a row of year-over-year declines.