June Preliminary US Trailer Net Orders Fall Sequentially, Still Higher Y/Y
ACT Research reports show that net trailer orders in June were 15,300 units, down about 21% from the previous month
Preliminary reports show that net trailer orders in June were 15,300 units, down about 21% from the previous month, but up a significant 33% from the same month last year. Final June results will be available later this month. This preliminary market estimate should be within +/- 3% of the final order tally.
“With 2023 orderboards only partially open, it is no surprise that net orders in June were the lowest they’ve been so far this year,” said Jennifer McNealy, Director CV Market Research & Publications at ACT Research. She added, “That is simply part of the cycle. However, it is equally no surprise that net orders continue to best 2021, given the continued supply-chain constraints, both in materials and labor, that trailer manufacturers are facing. With long backlogs, fleets still want to make sure their orders are in queue, regardless of when they will be filled.”
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