New trailer orders slide in November: ACT Research
COLUMBUS, Ind. — New trailer orders slid back slightly month-over-month in November with 22,306 net orders on the books, according to a report from ACT Research. The comparison was against a very strong October, ACT officials noted.
“November also saw a 15% decline month over month in production,” said Frank Maly, director of commercial vehicle transportation with ACT Research. “We believe November’s build rate is understated because more holiday days were taken than we projected. However, quotation interest remains solid. Fleets appear to be positioning themselves to move when the time is right.”
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