Preliminary October Net Trailer Orders Jump as 2023 Orderboards Open More Fully

ACT Research reports preliminary reports show net trailer orders in October were 46,750 units, up 82% from September, and 168% higher than the same month last year

Preliminary reports show net trailer orders in October were 46,750 units, up 82% from September, and 168% higher than the same month last year. Final October results will be available later this month. This preliminary market estimate should be within +/-5% of the final order tally.

“With more 2023 orderboards opening, October net orders continued their upward trend,” said Jennifer McNealy, Director CV Market Research & Publications at ACT Research. She added, “With the supply-chain constraints improving for trailer manufacturers, as well as their increasing nimbleness in meeting and mitigating those challenges, OEMs are more comfortable accepting orders, and this month’s preliminary data demonstrates that.” McNealy concluded, “Demand remains strong. With backlog-to-build ratios above the 7-month mark, on average, fleets needing trailers are getting in queue and staying there.”

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