September Net Trailer Orders Up 46% from August
After a slight easing last month, net trailer orders in September saw a significant bounce-back in activity. According to ACT’s preliminary estimate for September, net trailer orders reached 22,900 units.
“While dry vans, reefers, and flatbeds all posted solid month-over-month gains, dry vans provided the majority of the support for September’s overall industry performance,” said Frank Maly, ACT’s Director of CV Transportation Analysis and Research.
He also provided perspective on the large year-over-year gain, noting, “Last September was a disappointing month, as pre-election uncertainties generated significant market headwinds that did not clear until later last November.”
The industry’s solid September results ran counter concerns, expressed by some regarding the potential impact of the upcoming GHG-2 regulations on fleet investment plans. Through the first three quarters of the year, the industry has booked over 190,000 net orders. “Year-to-date net orders are up more than 40% versus last year. Resulting order backlogs now push the industry solidly into the first quarter of next year,” added Maly.
More at www.actresearch.net.
Category: General Update, News
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