Trailer Net Orders Up 45% for First Half of 2014
June net trailer orders of 22,000 were off 1% month over month, but up 42% year over year according to ACT Research.
Year-to-date net orders of 156k are up 45% over the same period last year.
“Strength in June came from specialty trailers, with platforms posting a 42% m/m gain while liquid and bulk tanks both surged over 75% from May levels, said Frank Maly, Director – CV Transportation Analysis and Research at ACT.
“The industry is also enjoying low cancellations, driven by firm fleet investment commitments,” he added.
Maly noted that inventory rose 6% month over month, as tight capacity at the fleets continues to interfere with pick-up of new equipment, although he added that some progress is expected in upcoming months.
Category: Cab, Trailer & Body New, General Update
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