COLUMBUS, IN – August saw a continuation of a strong order season for the trailer industry, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“Both new and net orders posted gains of 30% month over month in August, said Frank Maly, Director – CV Transportation Analysis and Research at ACT. Maly said that 25,191 net orders were posted last month. “Strength was widespread,” he said, “with nine of ten trailer categories showing month over month and year over year growth.” Maly said that low cancellations indicated that fleet commitments were solid. “Conditions for the industry remain a strong and solid ‘green.’”
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.