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October Trailer Orders Robust, Up 43% M/M

November 25, 2013, 06:30 AM
Filed Under: Trucking

According to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT), the fall order season for trailers kicked off with an impressive 43% month over month net order gain. Total net orders were 24,900 units. The year-over-year comparison was less robust, but still a solid 6% increase acccording to ACT.

“Improvement in orders was widespread in October, as seven of ten trailer categories were positive month over month, with most of those posting solid double-digit gains,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “Cancellations were low, which continues to indicate both an absence of speculative orders in the backlog as well as a confirmation that trailers on the orderboard are truly needed,” he added.

ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China. ACT is also a contributor to Blue Chip Economic Indicators. For more information on ACT, please visit www.actresearch.net.







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