COLUMBUS, Ind. — North American trailer orders were up 45% through the first half of 2014 compared to last year.
Orders dropped 1% in June to 22,000 units, but were still 42% ahead of last June. Year-to-date orders are 156,000 units, according to the latest data from ACT Research, published in its State of the Industry: US Trailers report.
“Strength in June came from specialty trailers, with platforms posting a 42% m/m gain while liquid and bulk tanks both surged over 75% from May levels, said Frank Maly, director, CV transportation analysis and research at ACT. “The industry is also enjoying low cancellations, driven by firm fleet investment commitments.”
Maly noted that inventory rose 6% month-over-month, as tight capacity at the fleets continues to interfere with pick-up of new equipment, although he added that some progress is expected in upcoming months.
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