COLUMBUS, In. – Trailer orders in September slid month to month, and came in around one-third of last year’s levels, according to ACT Research.
US net orders for September 2016 were 12,950 units, down 16% from August, said Frank Maly, ACT director of commercial vehicle transportation analysis and research.
“An extremely strong September 2015 set a very high bar for y/y comparison; this estimate shows September volume approximately 65% below the same month last year,” said Maly. “It is apparent that the 2016/17 trailer order season has stumbled out of the gates to a very slow start. The caution frequently expressed by fleets regarding equipment investment this order cycle is very evident in September’s volume. On a positive note, initial reports indicate an easing in cancellation rates compared to recent months, although they do remain well above rates of this time last year.”