ACT Research announced Thursday its preliminary estimate for August 2019 net trailer orders is 10,500 units.
โOn the positive side, total orders were up 7 percent versus July. However, cancellations pulled the net order results down to a 2 percent sequential gain,โ says Frank Maly, director of commercial vehicle transportation analysis and research, ACT Research. โIndications were that cancels were highest in the industryโs core product categories, dry vans, reefers, and flatbeds, indicating fleets and dealers are still reassessing their true equipment needs for the remainder of this year.โ
Source:ย Act Research
