Eric Starks discusses the state of lead times for new trucks.
This Q&A response from The FTR Experts came from our November State of Freight Economic Outlook webinar. View the video and the key takeaways below.
Key Takeaways:
- At the current rate of build it would take 12 months to deplete the Class 8 backlog with no additional orders.
- Despite pricing going up, it's the supply chain that continues to be the limiting factor for production.