Net order intake in June was nearly 15,400 units, up a phenomenal 133% from May and 144% higher than the subdued level of orders accepted last June, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.

“This puts the Q2 tally at 30.9k and the ytd order total at 92.0k units, 24% higher than the 74.4k bookings for the first half of 2024,” said Jennifer McNealy, Director–CV Market Research & Publications at ACT Research. “Worth noting, June’s net order jump likely is, in part, a pull-forward of activity ahead of anticipated price increases. At this point, weaker intake continues to be expected through at least mid-Q3 when the 2026 orderbooks open.”

“Reflecting ongoing uncertainty around market conditions, cancellations started to escalate in February. Buttressed by some astronomical tank order cancellations, this month’s rate as a percentage of backlog rose to 4.2%. Additionally, data continue to show high dry van cancellations,” McNealy concluded.

ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build, inventory, new orders, cancellations, net orders, and factory shipments. It is accompanied by a database that gives historical information from 1996 to the present, as well as a ready-to-use graph packet, to allow organizations in the trailer production supply chain, and those following the investment value of trailers, trailer OEMs, and suppliers to better understand the market.