New & Net Trailer Orders More than Double Previous Month in November
Spoiler alert: Good News. New and net trailer orders surged in November, strongly indicating that the trailer buying season has begun.
Driven mostly by Dry Vans, November net orders climbed 71% month-over-month, according to ACT Research Co. A drop in cancellations also helped boost last month’s sales.
“Dry vans were also nearly equivalent to year-ago levels,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT.
Maly added, “Even with that surge, total trailer orders for the month still trailed last November by 7ppt, and ytd net orders are down one-third from 2015 volume.”
Category: Cab, Trailer & Body New, Featured
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