Trailer Orders Up 11% in September: ACT
Oct 25, 2012 2:42 PM
Net orders for trailers jumped 11% month-over-month in September, rising to 16,990 units—a seasonally adjusted annual rate of 224,800 units—according to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“With September having four fewer workdays than August, a month-over-month decline in total trailer build was a foregone conclusion,” said Frank Maly, Director-CV Transportation with ACT Research.
“However, the real story was the daily production rate, which jumped to the third best level of 2012. The BL/BU ratio at the end of September was 3.7 months, the lowest level of this recovery. If the normal year-end order flow does not occur, a reduction in production rates will likely be needed in late 2012 or early 2013.”
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