The trailer industry booked 22,300 net orders in the U.S. during May, according to new figures published by the commercial vehicle research company ACT Research.
“May net orders rose 52% year over year,” said Frank Maly, director, commercial vehicle transportation analysis and research at ACT. “Backlog, build, inventory and shipments were all off from April, but the changes were minimal, all less than 1% on a month over month basis."
He said this stability provides a solid foundation for the industry as it moves into the summer and fall build season.
Maly said that production rates should remain relatively unchanged over the next few months and the order board should continue to support the industry to the next order season this coming fall.