Trailer orders in August are expected to exceed projections for the second straight month, showcasing just how hot equipment sales have remained so far in 2018.
Early reports on trailer orders are projecting a record high for the month of July, more than doubling the amount seen in 2017.
June trailer orders are expected to fall for the sixth month in a row as the equipment sector enters the traditionally slow summer months, according to a preliminary report from FTR.
May was another solid month for trailer orders but with weaker than projected production and bottlenecks in the supply chain, it may be a while before fleets receive their equipment.
Early trailer order numbers from FTR Intelligence reflect an impressive showing for the month of May, despite an expected seasonal decline.
April trailer orders are projected to decline as much as 20% compared to the previous month, following seasonal ordering patterns, according to a preliminary report from FTR Intelligence.
Trailer orders topped 30,000 in March, besting an earlier estimate of 29,500 orders, showing that fleets are still investing in new equipment, according to ACT Research.
Early reports from FTR on trailer order activity for March show that while orders declined by 16% from the month before, they remain historically strong.
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.
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."