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Trailer orders are expected to hit 32,000 units in February, a number that, if it holds true, would be a record for that month, according to preliminary reports from FTR.
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FTR has increased its Class 8 and trailer order forecasts as a result of increased demand for equipment caused by what the research firm calls a "capacity crisis."
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The final numbers for January trailer orders have come in, showing a strong start to 2018 for the trailer industry as fleets try to meet increased freight demand, according to ACT Research.
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Trailer orders in January will likely breach 39,000 units once the final numbers are tallied, indicating a strong start to 2018.
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Trailer orders in the U.S. are expected to hit an all-time high of 47,000 units for December 2017, pushed by tightening capacity that FTR attributes to the ELD mandate.
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Preliminary reports on trailer orders from November are projecting a fantastic month, hitting 42,600 units, according to FTR.
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Preliminary net orders of 21,500 units, up 47% over August, bode well for 2018, the research firm says.
Read More →August order activity was up 9% month-over-month and 4% year-over-year, as FTR projects that 2017 will turn out to be “another solid trailer year."
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The final trailer order numbers for the month of July have been released by transportation industry analysts FTR and ACT Research, showing a steep decline from the previous month, but an increase overall compared to last year.
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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.
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