US trailer net orders slid 10 per cent month-over-month in May, coming in at just over 16,000 units, according to ACT Research.
“While recent order volumes have been low and y/y comparisons appear weak, this is not indicative of current customer demand,” said Frank Maly, Director CV Transportation Analysis and Research at ACT.
“Instead, the combination of the huge surge of orders late last year and a shortage of available build slots this year continues to dampen additional fleet order placement.”
Maly noted that ACT Research’s comments remain consistent for the third successive month. “Freight volumes at advantageous rates will support fleets, and their investment plans will remain robust.
“Our view that 2015 will be the best trailer market since the late 1990s remains unchanged.”