January Trailer Orders Up
Net orders for trailers in January increased a robust 28% year over year according to ACT Research.
“Seven of the ten trailer categories had y/y growth in January,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT.
“Particular strength came from reefer vans, which rose 80% from year-ago levels, tank trailers, which saw triple-digit gains from cancellation depleted results in early 2013, and heavy lowbeds which posted high double-digit gains y/y and m/m.
The industry is in the midst of its annual ‘order season’ and January’s orders helped backlog open the year with a solid 8% m/m gain,” he added. Maly mentioned that build had been affected by the bitter weather that swept the country in January, falling 10% y/y.
Category: Cab, Trailer & Body, General Update