COLUMBUS, Ind. – New trailer orders rose by nearly a third from September to 24,707 units in October, according to the latest State of the Industry: U.S. Trailers report published by ACT Research Co.
“Dry vans were responsible for much of the month-over-month industry gain, said Frank Maly, director of commercial vehicle transportation with ACT Research. “Another welcome move for the industry was the gain in backlogs, the first backlog increase since April. Quotation activity is reportedly strong, suggesting that peak order season should unfold as expected over the coming months. Rising orders and subsequent backlog gains through Q1 will sustain the industry though the period of soft orders that should begin in late Q2.”