October surprise: trailer orders surge
New trailer orders in October, 2012, rose by nearly a third from September to 24,707 units. The data was included in Americas Commercial Trucking (ACT) Research Co.’s latest State of the Industry: U.S. Trailers report.
“Dry vans were responsible for much of the month-over-month industry gain,” says Frank Maly, director-CV Transportation with ACT. “Another welcome move for the industry was the gain in backlogs, the first backlog increase since April.”
Maly says that quotation activity is reportedly strong, suggesting that peak order season should unfold as expected over the coming months.
“Rising orders and subsequent backlog gains through Q1 will sustain the industry though the period of soft orders that should begin in late Q2,” he added.
For more information on ACT, please visit http://www.actresearch.net.