US trailer orders rebound in June

At 26,700 units, June trailer net orders in the US saw a significant 76 per cent increase from May, according to research company FTR.

“Several large dry van orders for delivery in 2016 boosted June orders, with refrigerated van orders also exceeding expectations,” said Don Ake, FTR Vice President of Commercial Vehicles.

Reportedly, the large order volume in June kept backlogs at a steady level in spite of trailer build increasing only one per cent per day over May production.  

Ake said dry van orders for June were the result of significant placements with a few OEMs and production was very strong during the month.

He added that refrigerated van orders were also “good”, although not as strong as the dry segment. Contrary to most of the segments, Flatbed orders were particularly weak for the month.

“There is a dichotomy in these numbers. Vans, both dry and reefer, had a great month.  he fact that some fleets are so confident about next year that they placed orders three months early, is a great sign for the industry,” Ake said.

“However, there is concern in some of the other segments. Flatbed orders were unusually low; hopefully that is simply because all the orders are in for this year with fleets now waiting to begin ordering for 2016 during their typical purchasing season later in the year.

“Both liquid and dry tank markets have also started to slow down. This is primarily a result of softening in the energy industry.”

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