Trailer orders in North America fell 30 per cent month-over-month and 36 per cent year-over-year, according to new data by ACT Research.
href=”http://www.globaltrailermag.com/news/article/us-trailer-orders-down-35-per-cent-in-march”>Earlier this month, fellow US company FTR had reported decreases of 35 and 39 per cent, respectively.
“The 2015/16 order season ended not with a bang but a whimper, not entirely surprising given the dramatic front-loading this order season,” commented Frank Maly, Director, CV Transportation Analysis and Research at ACT.
“Long backlogs helped encourage fleets to make quick decisions and although cancellations increased sequentially, the rise was relatively small and appeared to be a selective adjustment to commitments rather than any widespread movement.”
He added that seasonal patterns project March to be the backlog peak, but this season’s orders came so early that the backlog peak actually occurred in December 2015.