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ACT Research: Strong September U.S. Trailer Net Orders; 2023 Orderboard Filling Fast

October 21, 2022, 07:00 AM
Filed Under: Transportation

Preliminary reports show that net trailer orders in September were 25,700 units, up about 45 percent from August, but around 10 percent lower than the same month last year. Final September results will be available later this month.

“With more 2023 orderboards opening, September net orders rose in seasonal fashion,” said Jennifer McNealy, Director CV Market Research & Publications at ACT Research. “As the OEMs open next year’s build schedules more fully, they are reporting that most of the build slots made available have been filled.”

McNealy concluded, “While up 45 percent from August on a nominal basis, seasonal adjustment narrows the sequential gap appreciably to around 5 percent month over month growth. Additionally, some trailer manufacturers are reporting expectations that when they do open the remainder of their 2023 orderboards in the next few months, those spots will also fill rapidly, despite no firm pricing available at this point.”

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