COLUMBUS, Ind. -- Net orders for trailers in the US improved in August, rising to 15,370 units, according to the latest results from ACT Research. Applying August’s seasonal factor brought the order total to 18,200 units.
“Looked at through a seasonal lens, August’s volume was the best since April,” said Frank Maly, director of commercial vehicle transportation with ACT Research. “While improved, annualizing August’s seasonally adjusted order volume generated a lacklustre 219,000 annualized rate of order intake. Orders on a seasonal basis below the build trend is an indication of fleets’ unwillingness to expand investment when the outlook is particularly opaque. Orders typically occur below the rate of build in Q3. Combined with slower economic activity and rising uncertainty, orders are expected to remain soft into Q4.”