COLUMBUS, Ind. -- Net orders for new trailers jumped 11% month-over-month in September, according to the latest State of the Industry: US Trailers report, published by ACT Research.
September orders totaled 16,990 units.
“With September having four fewer workdays than August, a month-over-month decline in total trailer build was a foregone conclusion,” said Frank Maly, director, CV Transportation with ACT Research. “However, the real story was the daily production rate, which jumped to the third best level of 2012. The BL/BU ratio at the end of September was 3.7 months, the lowest level of this recovery. If the normal year-end order flow does not occur, a reduction in production rates will likely be needed in late 2012 or early 2013.”