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: Net trailer orders fall, cancellations elevated but 2024 books opening
“It is no surprise that net orders in June were the lowest they’ve been so far this year. That is simply part of the cycle.”
U.S. trailer industry order boards for 2023 fully open, nearly fully committed
Overall build was 13% lower m/m due to four fewer build days in April than in March.
October data show US trailer orders continue to rush in
October net US trailer orders of 47,860 units were 83% higher compared to last month, +57% on a seasonally-adjusted basis, and 171% above the year-ago October level, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report. “Discussions across the past month indicate trailer OEM business conditions, including 2023 demand, material/component supply
Trailer orders rebounded in June
After a few down months, U.S. trailer orders have rebounded in June, according to FTR. FTR’s numbers indicate that net orders were 26,700, a 76% increase from May and 32% better than a year ago. Several large dry van orders for delivery in 2016 boosted June orders with refrigerated van orders also exceeding expectations. The
February brings strong trailer orders
The strong trailer order season continues, as the impact of large fleet commitments was evident in February. New order volumes of 32,143 trailers netted to 29,947 units after cancellations. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. “Net orders were up 17% sequentially and