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U.S. Trailer Net Orders Up 27% Y/Y in February

| March 27, 2018

Wabash trailers

February’s net trailer orders, while 14th highest on the all-time list, were the strongest February net order volume in industry history.

“Dry vans and reefers were off sequentially; flatbeds had the best monthly gain,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT Research. He continued, “On a y/y basis, eight of the ten trailer categories were up, with liquid tank orders more than double last year. Total industry net volume was up 27% y/y. The saga of strong freight demand, tight capacity, and industry backlogs that, on average, stretch through September, continued to support order strength.”

“Every trailer category posted both sequential gains and y/y improvement of backlogs in February, which is an indication of widespread fleet investment,” said Maly. He continued, “As seasonally expected, production is beginning to increase. The increase in build rates offset the gains in backlog, resulting in the BL/BU ratio ending February at 7 months, which commits the industry, on average, through September, with both vans and reefers stretched into Q4.”

 

Category: Cab, Trailer & Body New, Featured, General Update

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