Nearly 15,400 net trailer orders were received in June, up 7% from May. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
“June’s cancellation rate was only half of that posted in May,” said Frank Maly, director-CV Transportation with ACT Research. “It appears that fleets are standing firm with their order commitments,” he added.
There is normally a jump in production in the last month of a quarter, and that definitely occurred in June, according to Maly: “Build reached the highest daily rate since December 2006.”