Trailer order volume strongest since March 2006
According to Americas Commercial Trucking (ACT) Research, trailer order volume is at the highest levels since March 2006.
Following a modest pullback in November, the trailer industry closed 2012 on a strong note: December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels.
New orders rose 38% month over month from November to 31,586 units. Trailer shipments for the full year were up almost 13%.
“The fact that orders strengthened in the face of the fiscal cliff speaks to the strength of underlying trailer demand and the ongoing health of trucking fundamentals. We believe that rising consumer and business confidence will bode well for continued strength in trailer demand in 2013,” sa id Frank Maly, Director-CV Transportation with ACT Research.
For more information, visit http://www.actresearch.net.