Double-up: Commercial trailers orders multiply
Net orders and shipments of commercial trailers continued their strong performance during March 2011. Net orders rose 21% from February levels, while shipments were more than 33% above the previous month. ACT Research Co. (ACT) also noted that shipments for the first quarter of 2011 were up 109% compared to the same quarter last year.
The solid, broad-based industry performance was reported in the latest State of the Industry: U.S. Trailers, published April 27. While all trailer categories are showing substantial improvement compared to last year, the dry van segment continues to set the pace, with shipments up 198% year-to-date.
“Net orders have now grown for 18 consecutive months, as well as 19 of the past 20. Total trailer net orders are now 98% above the level at this time last year,” says Frank Maly, director CV Transportation Analysis and Research at ACT. “Shipments, up 109% year-to-date, are growing at an even stronger pace. Additionally, backlogs continue to grow. The stage is set for solid industry performance for the remainder of 2011 and throughout 2012.”
For more information visit http://www.actresearch.net.