COLUMBUS, Ind. — A 22% decrease in trailer net orders in April should not cause too much concern, according to industry analyst ACT Research.
Orders totaled 18,000 units, however that’s partly due to last year’s unprecedented order intake, which was unsustainable.
“The fact that net orders are down y-o-y for the third consecutive month will likely cause much conversation, and perhaps even concern for some,” said Frank Maly, director, CV transportation analysis and research at ACT. “While there is no escaping that fact, one must consider the context of the recent over under-performance.”
Maly pointed out the surge of orders from September to January was front-loaded as large fleets pulled the seasonal cycle forward in a race to get orders placed to ensure timely deliveries.
“Our view that 2015 will be the best trailer market since the late 1990s remains unchanged,” he added.