Class 8 Truck Orders Rebound Modestly in May, but Remain Under Pressure

Imagine big trucks, like the ones that deliver things.

In May, companies ordered a few more of these trucks than they did the month before, which is good.

However, compared to last year, they are ordering far fewer.

This market is influenced by things like trade rules and the economy.

Recent easing of tariffs on Chinese goods helped a little.

But new rules about emissions and tariffs could make the trucks more expensive, which means companies are being cautious about buying more trucks.

Overall, the truck market is struggling.