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Thursday, January 26, 2023

Trailer Orders Strong


This has been the best year ever for net trailer orders, with one month remaining to report, according to ACT Research. 

November trailer orders were up 101% year-over-year, marking the fifth best month in history, with more than 45,000 units booked.

“Seasonals call for a small sequential net order gain to close the year, but several factors make that a challenge,” said Frank Maly, director, commercial vehicle transportation analysis and research at ACT Research. “With the last three months all ranking in the top five all-time, how likely are fleets to continue to increase commitments that currently stretch into fall 2019? Several factors, including softening freight rates, some interest-rate driven uncertainty, and the continuing potential of tariff wars, cloud the economic horizon.”

The order board for 2018 is twice the level it was at this time last year.