Commercial Business

2nd half of 2014 begins with strong trailer orders

Posted on September 3, 2014

According to Americas Commercial Trucking (ACT) Research, the start of the second half of 2014 continued to reflect the strength of the first six months with July net orders of 19,280 trailers, up 37% year over year. Year-to-date net orders of 179k are up 44% over the same period last year.

“Although orders declined 12% month over month, that was in line with seasonal expectations,” said Frank Maly, director CV Transportation Analysis and Research at ACT.

Maly said that although cancellations have gradually trended upward the last few months, they have not reached a level of concern. Most trailer categories posted cancellation rates in the low-to-mid single digits.

“Long lead times will continue to be the norm, as backlogs currently commit production for the remainder of this year,” he added.

For more information visit http://www.actresearch.net.

Related Topics: ACT Research, Fleet Management, Frank Maly

Comments ( 0 )
More Stories
Kim Yong-Hak has been named a senior vice president at Hankook Tire Co.'s holding company, Hankook Tire Worldwide.
News

Hankook Names New Executives

Hankook Tire Co. Ltd. and its holding company Hankook Tire Worldwide are placing 19 employees in new executive roles effective Jan. 1, 2017, as part of efforts to increase competitiveness in the global top-tier tire market.

News

Bridgestone Targets Truck Tire Fuel Efficiency

Bridgestone Americas Inc. has joined the Cummins-Peterbilt SuperTruck II team with the U.S. Department of Energy (DOE) and will create prototype truck tires with the goal of reducing the environmental impact of the nation's 3.5 million Class 8 trucks on the road.

News

Two Tire Makers Earn SIMA Innovation Gold Awards

The top prizes for innovation awarded in advance of the 2017 Paris International Agri-Business Show (SIMA) were won by a pair of tire manufacturers — Michelin Groupe and Trelleborg Wheel Systems.

News

Judge Declares Overtime Ruling Is 'Unlawful' For Now

On May 18, 2016, the Department of Labor’s final rule updating the overtime regulations was published by President Barack Obama and Secretary of Labor Thomas Perez. The ruling automatically extended overtime pay protections to more than 4 million workers within the first year of implementation.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!