Trailer net orders in January, at 19,853 units, were down nearly 32% from December’s order volume, but rose 18% year over year, according to ACT Research Co.
“Total trailer backlog is at its highest level in almost 20 years,” said Frank Maly, director of commercial vehicle transportation analysis and research at ACT. “Part of January’s strength resulted from some ‘out-of-pattern’ orders as fleets are getting in queue for equipment.”
Maly noted that with the ratification of the West Coast port contract proposal likely, the economy has side-stepped significant headwinds. He said ensuing freight onslaught will be a net positive for the commercial vehicle industry.
“Trailer demand continues to receive support from a wide array of factors, including solid freight volumes, pent-up demand for replacement equipment, and increased consumer and business spending. The foundation is in place for 2015 to be the best trailer market since the late 1990s.”
For more information, visit www.actresearch.net.
