COLUMBUS, Ind. — Trailer orders were strong in February, with 29,947 orders placed after cancellations.
ACT Research reported the latest numbers in its State of the Industry: US Trailers report.
“Net orders were up 17% sequentially and up 68% from the same month last year,” said Frank Maly, director, CV transportation analysis and research at ACT.
Concerning backlogs, Maly noted that the industry order board is now at the highest level since August 2006.
“While dry vans were the driving force in the 11% month-over-month total industry gain, strength was widespread. Seven of 10 trailer categories were up month-over-month,” he said. February production surged compared to a weather-impacted January, ACT reported.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News