US trailer orders at highest levels in 5 months

According to US company ACT Research Co., 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.

Taking seasonality into account, October’s backlog rose a modest 1.5 per cent month over month. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT in late November.

“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,” says Frank Maly, Director CV Transportation Analysis and Research with ACT. “Component availability appears to have reached a comfortable equilibrium with current production rates.”

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