COLUMBUS, IN – June net orders of 22,000 were off 1% month over month, but up 42% year over year. Year-to-date net orders of 156k are up 45% over the same period last year. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“Strength in June came from specialty trailers, with platforms posting a 42% m/m gain while liquid and bulk tanks both surged over 75% from May levels, said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “The industry is also enjoying low cancellations, driven by firm fleet investment commitments,” he added. Maly noted that inventory rose 6% month over month, as tight capacity at the fleets continues to interfere with pick-up of new equipment, although he added that some progress is expected in upcoming months.
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.