ACT Research: U.S. trailer net orders open 2021 stronger than last year

ACT Research: U.S. trailer net orders open 2021 stronger than last year

January net U.S. trailer orders of 30,680 units fell more than 30% from the previous month, but rose nearly 105% compared to January of 2020, according to this month’s numbers from ACT Research. Before accounting for cancellations, new orders of 32.1k units were down 30% versus December, but 91% better than the previous January.

“OEMs posted almost 31,000 net orders in January, down sequentially but still a very solid month,” said Frank Maly, director of CV transportation analysis and research at ACT Research. “That continued the growth of the orderboard, as orders were 66% above current build rates, and generates a conundrum for OEMs. Open production slots now come with 2022 dates, and OEMs, concerned about component and materials costs, are hesitant to extend pricing commitments that far.”

You May Also Like

Albert Gore named ZETA executive director

Joe Britton, ZETA’s previous executive director, will remain president of ZETA’s board of directors.

The Zero Emission Transportation Association (ZETA) announced that Albert Gore has taken over as executive director effective Jan. 3. Gore joins ZETA after seven years at Tesla, most recently as the lead for public policy and business development in the Eastern and Midwestern United States—having previously been deputy director of policy and electricity markets at SolarCity prior to its acquisition by the company. Joe Britton, ZETA’s previous executive director, will remain president of ZETA’s board of directors.

Why this year will be the ‘Year of Fuel Efficiency’ regulations

Plus top takes on the CHIPS Bill, Repair Act and what this Congress can actually get done.

HDAD-EV-National-Regulations-1400
FTR reports: Shipper’s conditions stabilize

Aside from a large increase in diesel prices during the month, shippers’ market conditions were more positive m/m.

Live Blog: Heavy Duty Aftermarket Dialogue 2023 (Updated!)

It’s the first trucking event of the year! Here’s what happened, as it happened.

Heavy-Duty-Aftermarket-Dialogue-2023
Amid loose market balance, carriers start tapping the brakes on capacity

Volumes softened to the lowest levels seen since March and April of 2020.

ACT-Research-For-hire-trucking-600

Other Posts

EV truck manufacturers to give updates at Work Truck Week 2023 

NTEA has released more information about EV-related sessions.  

Trucking market 2023 prediction: Plan for uncertainty

The latest from FTR’s State of Freight online press conference.

transprotation-market-generic-1400
November used truck average retail price negative Y/Y

The average retail used truck price has descended into negative y/y territory for the first time since August 2020.

Equipment Finance Industry confidence improves in December

Cautious optimism is the theme as we move into 2023.