US trailer orders up 45 per cent from August 2013

US research company FTR, has reported that US fleets ordered 23,135 trailers in August, up 27 per cent from July and 45 per cent ahead of August 2013, according to figures compiled.

According to FTR, orders were particularly strong in the refrigerated van, dry tank, and dump trailer segments.

“August trailer order activity is a very positive development and reflects strong market momentum approaching the fall ordering season,” said Don Ake, FTR vice-president of commercial vehicles.

“FTR sees no signs of the trailer market slowing down, so we expect good order numbers for the next few months.  All trailer segments are seeing good order activity.”

The research firm added that much of the August order activity will be produced next year due increasing capacity constraints and long lead times at trailer manufacturers. Additionally, some fleets are believed to be placing orders early to beat expected price increases.

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