Solid quotes lead to healthy January trailer orders

Solid quotes lead to healthy January trailer orders

Net orders for trailers in January increased a robust 28% year over year. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).

“Seven of the ten trailer categories had y/y growth in January,” said Frank Maly, director – commercial vehicle (CV) transportation analysis and research at ACT. “Particular strength came from reefer vans, which rose 80% from year-ago levels, tank trailers, which saw triple-digit gains from cancellation depleted results in early 2013, and heavy lowbeds which posted high double-digit gains y/y and m/m. The industry is in the midst of its annual ‘order season’ and January’s orders helped backlog open the year with a solid 8% m/m gain.”

Maly also mentioned that build had been affected by the bitter weather that swept the country in January, falling 10% y/y.

ACT is the a publisher of new and used CV industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China. For more information on ACT, please visit http://www.actresearch.net.

You May Also Like

Noregon adds Fault Guidance, bi-directional testing to JPRO

The new JPRO update also includes an optional Technician as a Service (TaaS) add-on.

Noregon-JPRO-update

Noregon released an update for its JPRO commercial diagnostic and troubleshooting application, which includes new bi-directional tests, Fault Guidance and an optional Technician as a Service (TaaS) add-on that gives customers remote support from master technicians.

According to Noregon, Fault Guidance is an embedded troubleshooting feature that features troubleshooting steps, wiring diagrams, and more. The new list of bi-directional tests cover both on- and off-highway assets. These bi-directional commands include cylinder cutouts, forced DPF regens, aftertreatment injector tests and more, according to the company. Off-highway additions include manufacturers such as Kubota and Komatsu, while Noregon says more on-highway tests were added for PACCAR, Detroit and others.

Powerfleet, MiX Telematics approved for business combination

The combination is expected to be complete in the first week of April, after which the businesses will be branded as Powerfleet.

Powerfleet-x-MiX-telematics-integration
Scania speeds up autonomous transport pilot program

Equipped with Plus, Scania has been testing its trucks in Sweden since 2021 — now it plans to expand operations throughout Europe, this year.

SCANIA-Logo-vector
IRS clarifies: RNG cleaning and conditioning equipment eligible for tax credit

RNG Coalition notes a correction to an investment tax credit proposal regarding RNG cleaning and conditioning equipment.

RNG-Coalition-logo-ITC-technical-correction
Stellantis and UFOFleet form partnership

Stellantis says it chose UFOFleet for its proven customer experience, flexible technology and deployments with leading global brands.

UFO-Fleet-Stellantis

Other Posts

ACT Research predicts ‘year of transition’ as trailer orders fall in March

ACT says while softer order activity still meets expectations, net orders remain challenged by weak profitability for for-hire truckers.

ACT-Research-US-Trailer-Net-Orders-Prelim-April
ACT Research data shows Class 8 order surge paused

At a seasonally adjusted 17,100 units, March marks the first month since May 2023 for seasonally adjusted activity below 20,000 units.

ACT-March-24-Class-8-order-surge-pauses
FTR: Class 8 orders down more than 30% month-over-month

Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.

FTR-March-24-Preliminary-Class-8-Net-Orders
ACT Research trailer report finds carriers with ‘reduced willingness to invest in equipment’

ACT Research says limited capex and companies saving money to meet EPA regulations are currently weighing on trailer demand.

ACT-Feb-24-Trailer-Net-Orders-Cancellations