June 24, 2014
Truck trailer orders up 52% YOY in May
The trailer industry booked 22,300 net orders in May 2014 according to the most recent State of the Industry: U.S. Trailers report published by Americas Commercial Trucking (ACT) Research Co.
“May net orders rose 52% year over year,” said Frank Maly, director – CV Transportation Analysis and Research at ACT.
“Backlog, build, inventory and shipments were all off from April, but the changes were minimal, all less than 1% on a month over month basis. This stability provides a solid foundation for the industry as we move into the summer and fall build season.”
Maly said that production rates should remain relatively unchanged over the next few months and the orderboard should continue to support the industry to the next order season this coming fall.
For more information visithttp://www.actresearch.net.
Receive the latest MTD eNews in your inbox!
Sign up for our Enews and receive the latest news, trends, and product information right in your e-mail inbox. Join Today!
View the latest eNews:
| Thursday Edition
| CTD Online
| Auto Service