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April Net Trailer Orders Up 22% Y/Y, ACT Research

May 16, 2017, 06:39 AM
Filed Under: Trucking

ACT’s preliminary estimate for April Net Trailer Orders is 20,200 units. Final April volume will be available later this month. ACT's methodology allows the company to generate a preliminary estimate of the market that should be within +/- 3% of the final order tally.

“While net orders were off approximately 6% from March, industry patterns actually call for some softening in volume as we exit the industry’s normal ‘order season.’ On that basis, the April month-over-month decline is actually a bit less than we would have expected,” said Frank Maly, ACT’s Director of CV Transportation Analysis and Research. He continued, “Year-over-year, April orders were 22% above the same month last year; that’s the fifth straight month of stronger volume on a year-over-year basis.”

The 2016/17 order season started slow, but gained momentum as it progressed. That momentum appears to have carried into April, as fleets continue to fine-tune their investment plans for this year. “Our preliminary results indicate that dry vans continue to post solid numbers, while flatbeds appear to have garnered the best year-over-year order growth, on a percentage basis, last month,” concluded Maly.

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