New and net trailer orders in October rose to their highest levels since April and May at 19,408 units and 17,384 units, respectively, according to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
Taking seasonality into account, October’s backlog rose a modest 1.5% month over month.
“With orders and production in line, there is nothing to suggest an upwards move from
current production levels, at least not until we know the outcome of peak season orders,” said Frank Maly, Director CV Transportation Analysis and Research with ACT. “Component availability appears to have reached a comfortable equilibrium with current production rates.”