US trailer orders soar in June

June trailer orders in the US jumped more than 73 per cent versus May, according to ACT Research.

Coming in at 27,900 units, June 2015 has been exceptionally strong, the research company said in a media statement.

“Although not the strongest June on record (that was the 32K volume of June 1994), the June 2015 order surge is exceptionally early, with strength coming from dry vans and reefers,” said Frank Maly, Director, CV Transportation Analysis and Research at ACT.

“The lack of cancellations, along with early 2016 commitments, indicates strong fleet confidence in the short to medium term outlook.”

Maly noted that ACT Research’s outlook continues to be positive, although vocational trailers continue to endure energy sector headwinds.

He stated, “While there has been some softening in freight rates, lower fuel costs have helped offset those shifts and fleets’ bottom lines continue to be firm.”

Maly summarised, “Our view that 2015 will be the best trailer market since the late 1990s remains unchanged.”

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