Nearly 15,400 net trailer orders were placed in North America in June, up 7 per cent from May, US research company ACT reported.
“June’s cancellation rate was only half of that posted in May,” said Frank Maly, Director-CV Transportation with ACT Research. “It appears that fleets are standing firm with their order commitments.”
According to ACT, there is normally a jump in production in the last month of a quarter, “and that definitely occurred in June.” As a result, build reached the highest daily rate since December 2006.