Trailer Industry Orders Down, Cancellations Negligible
Net trailer orders for March were down 6% month over month and 12% year over year according to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“Although orders are down, the orders being placed appear genuine, as cancellation activity has been negligible for most trailer categories,” said Frank Maly, Director-CV Transportation with ACT Research. “Better economic growth, and the resulting gains in freight, should result in improved order volumes as the year progresses,” he added. “Backlogs decreased 4% in March, while inventories were up less than 2%.”
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China. More information at ACT,
Category: Cab, Trailer & Body New, General Update
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