October trailer orders up 43% M/M
According to America Commercial Trucking (ACT) Research, the fall order season for trailers kicked off with a strong 43% month-over-month net order gain. Total net orders were 24,900 units. The year-over-year comparison was less robust, but still a solid 6% increase.
“Improvement in orders was widespread in October, as seven of 10 trailer categories were positive month-over-month, with most of those posting solid double-digit gains,” says Frank Maly, director – CV Transportation Analysis and Research at ACT.
“Cancellations were low, which continues to indicate both an absence of speculative orders in the backlog as well as a confirmation that trailers on the orderboard are truly needed.”
For more information on ACT visit www.actresearch.net.