The trailer industry booked 22,300 net orders in May according to the most recent State of the Industry: U.S. Trailers published by ACT Research. “May net orders rose 52% year over year,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “Backlog, build, inventory and shipments were all off from April, but […]
Commercial vehicle data and forecasting company, Americas Commercial Transportation (ACT) Research, has announced that Jim Meil has joined the firm as Principal, Industry Analysis. Meil, the previous Vice President and Chief Economist with Eaton, a position he held since 1996, recently retired after a 29 year career with the company. With an MBA in finance […]
Retail sales for Classes 5-8 posted solid gains in April according to ACT Research. “Class 8 retail sales rose 6% month over month to their best reading in six months at 23,100 units, and the strongest sales months of the year are yet to come,” said Steve Tam, vice president-commercial vehicle sector at ACT. “Classes […]
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 […]
January North American Classes 5-7 net orders are expected at 17,000 units (±5%) and Class 8 net orders are expected at 34,700 units (±5%), when actual data are released mid-month. “The past four months have seen three of the top five order months this cycle for Classes 5-8,” said Kenny Vieth, President & Sr. Analyst […]
The trailer industry saw a 14% month over month gain in net orders in December, as six of the ten trailer categories posted positive results. According to ACT Research, tor 2013, a total of 231,700 orders were booked, down just under 2% from 2012’s result. This was the third consecutive year of annual orders greater […]
