No change in CV trailer industry backlogs
Despite declining from January 2013 levels, February commercial orders were strong enough to maintain industry backlogs according the Americas Commercial Trucking (ACT) Research.
Caution, but not retrenchment, seemed to be the watchword for the trailer industry in February, as the month started softly and then picked up momentum.
“Total new orders for trailers were just under 20,000 units, down 8% month over month, while net orders of 18,160 were down 11%,” says Frank Maly, director-CV transportation with ACT.
“Cancellations for most trailer categories continued to be benign. The industry ended February with a 6% increase in inventory.”
For more information visit http://www.actresearch.net.