The commercial trailer sector ended 2011 on solid footing and is well positioned for the third year of growth in the current cyclical recovery, US company ACT research reports.
Net orders for total trailers grew 38 per cent year-over-year, while build jumped 69 per cent. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT) January 25, 2012.
“Following some mid-year sponginess, the trailer industry ended 2011 on a particularly strong note: Orders in December were a virtual duplication of November’s five-year high, backlogs rose to their highest level this cycle, and cancellations were virtually non-existent,” says Kenny Vieth, president and senior analyst at ACT. “Rising backlogs and low levels of cancellation activity speak to the strength of demand at the start of 2012.”