New trailer registrations decline 33%

Nov. 1, 2008
New commercial trailer registrations (24 feet and more in length) for the first six months of the 2008 calendar year were down 33.7% from the comparable

New commercial trailer registrations (24 feet and more in length) for the first six months of the 2008 calendar year were down 33.7% from the comparable period a year ago, according to Polk's Commercial Vehicle Market Intelligence Report.

The decline in trailer registrations mirrors the 36.3% decline in new GVW 8 vehicles.

The top five trailer body types account for 77.4% of total new trailer registrations, compared with 82.1% during the first six months of 2007.

Vans are down 40%, flatbeds 45.5%, and dumps 36.6%. The only type to experience a gain was grain trailers, up 18.4%.