The fall order season for trailers kicked off with an impressive 43% month-over-month net order gain. Total net orders were 24,900 units. The year-over-year comparison was less robust, but still a solid 6% increase. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co.
“Improvement in orders was widespread in October, as seven of 10 trailer categories were positive month over month, with most of those posting solid double-digit gains,” said Frank Maly, director – CV Transportation Analysis and Research at ACT.
“Cancellations were low, which continues to indicate both an absence of speculative orders in the backlog as well as a confirmation that trailers on the orderboard are truly needed,” he added.