March Trailer Order Volumes Down, Cancellations Low
Trailer order volumes eased month over month in April, but large fleet commitments were still providing support, according to ACT Research.
Cancellations posted single-digit rates and the order board was the best in nearly eight years.
“The month over month slide in orders was in line with seasonal expectations,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT.
“New order volume was 29,730 trailers,” he continued, “down 8% from March; after cancellations, net volume of 29,370 was down 2%. The six months of the 2013/14 order season generated 165,000 net trailer orders, up 22% year over year.”
Category: General Update
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
