The trailer industry showed a 14% month-over-month gain in net orders in December.
The trailer industry showed a 14% month-over-month gain in net orders in December, as six of the ten trailer categories posted positive results, and the total of 231,700 orders for the year represented a 2% decline, according to State of the Industry: U.S. Trailers published by ACT Research Co.
This was the third consecutive year of annual orders greater than 230,000.
“All trailer categories had single-digit cancellation rates, which is a positive for the industry,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “In addition to indicating that existing fleet commitments are solid, low cancellations also simplify material flow and order planning by the original equipment manufacturers.”