Trailer orders reach all-time high in October

BLOOMINGTON, Ind. — Net trailer orders in October reached 46,267 units, setting an all-time record high, exceeding the previous record by 9%, according to the latest data from FTR.

Trailer orders have now totaled 327,000 over the past 12 months, exceeding expectations.

The strong demand is driven by large fleets, including lease fleets, that are placing sizeable orders for 2015, FTR reports.

They’ve done so to get ahead of expected tight production capacity at US trailer plants.

“While OEMs did go out and solicit orders for delivery through the middle of 2015, impacting October activity, it is still very encouraging to see these large numbers, because it indicates fleets are positive about business conditions next year,” said Don Ake, FTR vice-president of commercial vehicles. “Dry van, refrigerated van, and flatbed orders were tremendously high. Much of the October order total is pull-forward activity, to get orders into the backlog for delivery in 2015.  OEMs can now better plan production, and fleets have their build slots reserved well in advance.”

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