Trailer Orders in May Weaken
Trailer net orders in May were tepic, at just over 16,000 units, down 10% versus April, according to ACT Research.
Frank Maly, Director–CV Transportation Analysis and Research at ACT, believes the data is not indicative of current customer demand. “Instead,” he countered, “the combination of the huge surge of orders late last year and a shortage of available build slots this year continues to dampen additional fleet order placement.”
Maly added: “Freight volumes at advantageous rates will support fleets, and their investment plans will remain robust. Our view that 2015 will be the best trailer market since the late 1990s remains unchanged.”
Category: Cab, Trailer & Body New, Featured, General Update