The robust 43% month-over-month gain in net orders in October was followed by November’s less vigorous 3% month-over-month improvement. Strength was concentrated in dry vans, flats and liquid tanks.
This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co.
“On a year-over-year basis, total net orders of 25,670 units were up 17%,” said Frank Maly, director – CV Transportation Analysis and Research at ACT.
“Cancellations continued to be low, and that appears to be the result of firm commitments by fleets,” he added.