COLUMBUS, Ind. — Trailer net orders were down 10% in May, however ACT Research remains confident the trailer market is in for a strong year.
“Freight volumes at advantageous rates will support fleets, and their investment plans will remain robust,” Said Frank Maly, director CV transportation analysis, ACT Research. “Our view that 2015 will be the best trailer market since the late 1990s remains unchanged.”
Trailer orders in May totaled just over 16,000 units. However, demand remains high, ACT says.
“While recent order volumes have been low and y-o-y comparisons appear weak, this is not indicative of current customer demand,” said Maly. “Instead, the combination of the huge surge of orders late last year and a shortage of available build slots this year continues to dampen additional fleet order placement.”