U.S. Trailer Order and Production Up in March

T

railer net orders rose 26% month over month and 3.5% year over year according to ACT Research.

“Large fleets continue to drive the market, and low cancellations show that orders are firm,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT. “Trailer production was up 4% year over year. The industry continues to see a rebound in factory inventory after a strong year-end drawdown: inventory was up 13% m/m and 8% y/y. Comments regarding some pressure at the dealer level continue to be heard.”

He added that normal seasonal patterns indicate some further inventory gains in March.

Category: Cab, Trailer & Body New, General Update