COLUMBUS, Ind. -- Trailer orders rose 14% in December, with six of 10 trailer categories posting positive results, according to the latest data from ACT Research.
For the full year 2013, a total of 231,700 orders were booked, down 2% from 2012. It marked the third consecutive year of annual orders greater than 230,000, ACT reports.
“All trailer categories had single digit cancellation rates, which is a positive for the industry,” said Frank Maly, director, CV transportation analysis and research at ACT. “In addition to indicating that existing fleet commitments are solid, low cancellations also simplify material flow and order planning by the original equipment manufacturers.”