Trailer Order Volume Strongest Since March 2006
Following a modest pullback in November, the trailer industry closed 2012 on a strong note: December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels.
Following a modest pullback in November, the trailer industry closed 2012 on a strong note: December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels.
New orders rose 38% month-over-month from November to 31,586 units. Trailer shipments for the full year were up almost 13%. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
“The fact that orders strengthened in the face of the fiscal cliff speaks to the strength of underlying trailer demand and the ongoing health of trucking fundamentals,” said Frank Maly, director-CV Transportation with ACT Research.
“We believe that rising consumer and business confidence will bode well for continued strength in trailer demand in 2013.”
More Fleet Management
Does Your Trucking Fleet Need a New TMS? [Video]
Cloud technology, AI and new integrations are changing what transportation management systems can do. But does taking advantage of those advances mean replacing your existing TMS?
Read More →
Road Ready Becomes Saegic, Launches New Trailer Telematics Gateway
Clarience Technologies is rolling out new hardware and expanding its plans for connecting trailer telematics, maintenance data, and video.
Read More →
Give Your Trucking Fleet a Cybersecurity Walkaround
Your fleet's cybersecurity policies may look good on paper. These seven checks can help you find out whether they’re working.
Read More →
Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →