September numbers show spike in trailer orders

September numbers show spike in trailer orders

ACT Research: "While this certainly is a welcome sign for the industry, one month of robust orders does not guarantee the full year."

According to the latest preliminary data from ACT Research, September net trailer orders increased sequentially, to 31,300 units, up 19% versus last September.

“Preliminary net orders, at 28,700 seasonally adjusted, were 95% higher sequentially,” said Jennifer McNealy, director CV market research and publications at ACT Research. “While this certainly is a welcome sign for the industry, and the first time in 2023 that year-over-year comparisons have been positive, one month of robust orders does not guarantee the full year. It’s still too early in the new year order season to call.

“The data continue to provide mixed messages, with cancellations remaining elevated, driven primarily by the van segments, both dry and reefer, even as backlogs remain at healthy, albeit shorter, levels,” McNealy continued. “In August, the BL/BU ratio was north of five months in aggregate, with some specialty segments having no available build slots until the beginning of 2025. We’ve been hearing that order discussions were occurring, and it looks like quotations are beginning to convert to ‘booked’ business.”

You May Also Like

Fontaine Specialized announces Magnitude 75 lowbed

The Magnitude 75 comes in three distinct deck options: flat (MFLD), drop side rail (MDSR), and beam (MBMD).

Fontaine-Specialized-lowbed-trailers

Fontaine Specialized announced the new Magnitude 75 lowbed trailer. This 3+3+2 modular multi-purpose trailer is designed to transport a diverse range of loads, according to Fontaine, who adds that the Magnitude 75 comes in three distinct deck options: flat (MFLD), drop side rail (MDSR), and beam (MBMD)."The Magnitude 75 epitomizes versatility in heavy-haul lowbeds. It accommodates loads of up to 75 tons in 16 feet as a 3+2 or with five close coupled axles," said Heather Gilmer, vice president of sales. "Furthermore, it adeptly handles 70 tons in just 12 feet configured with the tandem axle EQ2 spreader. This adaptable trailer features a hydraulic detachable gooseneck and a tridem axle bogie, each providing seven ride height positions. This enhanced flexibility is invaluable for operators maneuvering heavy loads across obstacles or beneath bridges.”Fontaine says the Magnitude 75 was made with 100,000-lb. minimum yield steel main beam flanges; and the flat and beam decks boast a 24-in. loaded deck height, while the drop side rail deck reduces it to 15-in. At full load, all modular decks offer 6-in. of ground clearance.

Peninsula Truck Lines gets awards for customer service

The company received the highest Net Promoter Score at 84.8%. The average score of carriers in the study was 44.8%.

Peninsula-truck-lines-generic-truck
Vipar Heavy Duty hires new director of business for Latin America

Cinthya Rivera has more than seven years of experience in sales and market development, primarily in the commercial vehicle industry.

VIPAR-Heavy-Duty-Cinthya-Rivera
FTR: Diesel cost spikes as TCI falls in February

With a nearly 4 point fall, FTR says a spike in diesel prices is mainly to blame for the deterioration in market conditions for carriers.

FTR-Feb-TCI
Vipar Heavy Duty adds West Virginia Spring & Radiator

The company, based in Nitro, W.V., has been in business for more than 30 years.

VIPAR-Heavy-Duty-Latin-America-Expansion

Other Posts

Stoughton, Electrans announce Auto Connect compatibility

The companies say the system can connect truck and trailer air, 7-way electrical, communication, camera and sensor lines, all in 7 seconds.

Stoughton-auto-connect-coupler-trailer
Commercial tire market cautiously recovering from 2023 challenges

To better understand commercial tire expectations for the remainder of the year, we spolke with Pierluigi Cumo, VP of B2B products at Michelin North America.

Michelin-truck-tires
More women, younger generations buying trucks

Understanding who is buying trucks, where they’re looking and what they’re looking for is crucial when it comes to marketing your vehicles.

Trucking-Market-Industry-Report-Generic-sales-generations-demographics
Fontaine Modification hits 100,000 truck milestone

Alongside the 27,000 sq. ft. expansion of its Laredo, TX facility, Fontaine expects to hire another 125 employees to meet projected growth.

Fontaine-expanded-facilty-Laredo-tx