Total trailer production was more than 27,000 units in June, and it has increased month over month and year over year, according to an ACT Research report.
Eight out of ten trailer categories posted higher production compared to May’s numbers with flatbeds seeing the largest increase. Trailer production was up 6% compared to the previous month and 5% over June 2016.
A jump in build rates and a decrease in backlogs resulted in June closing with a 4.6-month build-to-backlog ration for the entire industry.
“Dry vans have the longest commitment at just over five months, pushing their orderboard horizon to early December,” said Frank Maly, director of commercial vehicle transportation analysis and research at ACT. “We would expect total industry BL/BU to continue to ease through September, before accelerating in response to the upcoming fall order season.”