US trailer market sees double-digit growth in January

Net orders for trailers in the US have increased by a robust 28 per cent year-over-year in January, according to ACT Research Co.

“Seven of the ten trailer categories had y-o-y growth in January,” said Frank Maly, Director, CV Transportation Analysis and Research at ACT.
“Particular strength came from reefer vans, which rose 80 per cent from year-ago levels; tank trailers, which saw triple-digit gains from cancellation depleted results in early 2013; and heavy lowbeds, which posted high double-digit gains y-o-y and m-o-m.”

According to Maly, the industry is in the midst of its annual ‘order season’ and January’s orders helped backlog open the year with a solid eight per cent month-over-month gain.

Maly also mentioned that build had been affected by the bitter weather that swept the country in January, falling 10 per cent y-o-y. In line with that announcement, FTR’s Shippers Conditions Index for December declined from the previous month, halting a short period of improvement through November.

According to FTR, severe winter weather, when combined with the onset of the spring shipping season, could put pressure on trucking capacity and negatively impacting the index going forward.

According to FTR, severe winter weather, when combined with the onset of the spring shipping season, could put pressure on trucking capacity and negatively impacting the index going forward.

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