According to preliminary reports from FTR, September’s U.S. net trailer orders hit a third-highest-month-ever record at 52,000 units, 23,500 units above August and 33,400 more than September 2019.
According to FTR, preliminary U.S. trailer orders for August increased 49% since July to 28,700 units, the biggest jump since October 2019.
According to ACT Research, U.S. trailer orders in June totaled 13,441 units, a more than 300% jump from May’s total of a little more than 3,100 trailers and 112% higher than June 2019’s level of around 6,200 units.
With trailer orders dropping to historically low levels in April, Xtra Lease has given the industry a little boost by ordering 4,000 new trailers for 2020.
According to preliminary reports from both FTR and ACT Research, trailer orders for April have dropped to a historic low.
According to a recent report from FTR, preliminary trailer orders for March are still being impacted by the COVID-19 pandemic, falling 54% from February to 6,500 units for the month.
Preliminary reports indicate trailer orders for December were down from the previous month and significantly down from the same time last year, according to ACT Research and FTR estimates.
As equipment ordering season for 2020 kicks off, October trailer orders hit the highest level since November 2018.
Trailer orders hit the highest level of 2019 in September, rebounding a bit from a slow year for equipment sales, and it could indicate that fleets are more optimistic about 2020.
“With 2020 [trailer] order boards fully open, the dramatic lack of fleet interest continues to astound."