Taking seasonality into account, October's backlog rose a modest 1.5% month-over-month. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co. November 22.
"With orders and production in line, there is nothing to suggest an upwards move from current production levels, at least not until we know the outcome of peak season orders," said Frank Maly, Director CV Transportation Analysis and Research with ACT. "Component availability appears to have reached a comfortable equilibrium with current production rates."
More info: www.actresearch.net.