Net Trailer Orders Up 38%, Builds Up 69% in 2011: ACT
Jan 26, 2012 12:00 PM
Net orders for total trailers grew 38% year-over-year, while build jumped 69%, according to the latestState of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
The commercial trailer sector ended 2011 on solid footing and is well-positioned for the third year of growth in the current cyclical recovery.
“Following some mid-year sponginess, the trailer industry ended 2011 on a particularly strong note: Orders in December were a virtual duplication of November’s five-year high, backlogs rose to their highest level this cycle, and cancellations were virtually non-existent,” said Kenny Vieth, president and senior analyst at ACT. “Rising backlogs and low levels of cancellation activity speak to the strength of demand at the start of 2012.”
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