COLUMBUS, IN – November trailer orders were just over 36,000 units, up 43% year over year, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“The opening months of this order cycle reflect unprecedented strength,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “September, October, and November order volumes are all in the industry top 10, at #7, #1, and #4 respectively. They are also the strongest three consecutive order months in industry history.” Year-to-date, net orders are up 55%.
Maly added that industry backlogs continue to grow and are now at the highest level of the recovery – double that of a year ago.
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China. For more information on ACT, please visit https://www.actresearch.net.