No trailing in commercial trailer orders
Net orders of commercial trailers rose to 21,990 in February 2011, a gain of more than 25% from January. ACT Research Co. (ACT) also reported solid factory shipments in February, posting a 105% gain versus the same month last year.
The latest “State of the Industry: U.S. Trailers” report, published March 24, shows the positive industry performance was broad-based. ACT’s analysis notes that all nine trailer categories have posted year-to-date gains for both net orders and shipments year over year. Of particular note was the performance in the dry van segment, where on a year-to-date basis, net orders are up over 90% and shipments are up almost 225%.
“The ramp-up in orders that we’ve been tracking has continued into 2011. Year-to-date, total net orders are up over 87% compared to 2010”, says Kenny Vieth, president and senior analyst with ACT Research. “Shipments are up an even stronger 116% when compared to the first two months of 2010. Strong orders and rising backlogs set the stage for solid industry performance during 2011.”
For more information on ACT, visit http://www.actresearch.net.