NASHVILLE, Ind. — In a presentation to the Truck Trailer Manufacturers Association (TTMA), FTR Associates president Eric Starks predicted the North American trailer market will not rebound soon.
He said trailer production will remain at “depressed” levels through the end of 2009 before beginning a slow recovery.
“At the moment, transport demand is so weak that in fact the trucking industry as a whole actually does not need any new trailers at all,” Starks said.
Fortunately, some orders will continue to trickle in, as individual trucking firms will place orders for their own special needs. Starks told delegates at the conference that a large over-supply of trailers will continue to weigh down new trailer demand, resulting in a very weak 2009 production level of 70,000 units.
That will improve only modestly to 89,000 units in 2010, he added.
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