Higher truck demand leads to Paccar Q3 supply chain hiccups

Supply chain issues meant Paccar Inc. fell short of its expected truck delivery levels in the third quarter of 2026, CEO Preston Feight said Oct. 27. The top executive at the parent company of Kenworth and Peterbilt said suppliers were unable to scale up their output at the same pace as demand for trucks grew following the North American freight market rebound. “The easiest way to think about it at the macro level is build rates have gone up significantly, and they’ve gone up rather quickly, and that just puts a tax on the system. We have great suppliers. They do a good job of working with us,” Feight said. “It’s just expecting them to go up this quickly in support of the total industry has created some work for them and a few misses. All you have to do is miss a single part on a truck and it becomes impactful. Almost all of them are performing really well, but all it takes is one or two missed parts to make it meaningful,” he added. However, Feight told analysts during Paccar’s third-quarter 2026 earnings call that those previously undisclosed problems are likely to become less significant in the current quarter. Bellevue, Wash.-based Paccar’s global truck deliveries totaled 40,100 units in Q3, an increase of 25.7% compared with 31,900 in the year-ago period and also a 3.6% rise compared with 38,700 in the second quarter of 2026. But Paccar had expected global third-quarter 2026 sales to grow to around 42,000 vehicles. Looking forward, Paccar anticipates fourth-quarter 2026 deliveries will be…

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