Trailer Industry November Orders 4th Highest Ever
In the most recent sign of a increasingly robust economy, November trailer orders were just over 36,000 units, up 43% year over year.
“The opening months of this order cycle reflect unprecedented strength,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT, which issued the report.
“September, October, and November order volumes are all in the industry top 10, at #7, #1, and #4 respectively. They are also the strongest three consecutive order months in industry history,” Maly added.
Year-to-date, net orders are up 55%.
Maly added that industry backlogs continue to grow and are now at the highest level of the recovery – double that of a year ago.
Category: Cab, Trailer & Body New, Featured, General Update
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