“It’s Probably Nothing”: January Truck Orders Collapse 48%

• “It’s Probably Nothing”: January Truck Orders Collapse 48%
  by Tyler Durden, www.zerohedge.com
  Or, it could be something.
  We have previously shown just how bad the situation in the US heavy trucking space – trucks with a gross weight over 33K pounds – was most recently in “US Trucking Has Not Been This Bad Since The Financial Crisis” in which we looked at November data and found, that “Class 8 truck net orders at 16,475, were 59% below a year ago and the lowest level since September 2012.  This was the weakest November order activity since 2009 and was a major disappointment, coming in significantly below expectations.  All of the OEMs, except one, experienced unusually low orders for the month.”
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  For those who missed the proverbial wheels falling of the heavy trucks, so to speak, the charts below do the situation justice:
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  read more.

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