ACT Research, a publisher of commercial vehicle truck, trailer and bus industry data, has released May’s State of the Industry: U.S. Trailer report.
Preliminary reports from ACT Research show that US net trailer orders in May were 18,300 units and 7 per cent down from last month, but were 111 per cent higher than May last year.
US trailer manufacturers are rapidly filling available 2022 production slots with both dry van and reefer build-to backlog stretching deep into December, ACT Research reports.
ACT Research has released its latest hot take on the trailer order situation in the US.
ACT Research’s preliminary reports show trailer net orders closed on a softer spot with OEMs booking 26.6k in units in December.
US trailer orders grow as order books begin to open but fall short of last year’s seasonal surge.
Preliminary reports show trailer OEMs in the US posted 11,100 net orders in June, 20 per cent above May orders, but 19 per cent below the same point last year according to ACT Research.
Net US trailer orders of 26,414 units fell nearly 16 per cent from the previous month but rose almost 88 per cent compared to February of 2020 according to ACT Research.
US trailer manufacturers, according to ACT Research, are challenged to increase production amid component constraints.
Preliminary reports from ACT Research indicate that January net order volume growth of 29.1K trailers was up 94 per cent from the same month last year.