COLUMBUS, Ind. — According to the most recent State of the Industry: U.S. Trailers published by ACT Research, trailer net orders in July declined 27% month-over-month.
ACT says the fall from 27,900 units to 20,300 units is no cause for concern since the numbers still reflected a 7% increase year-over-year.
“While total net orders were off 27% m/m, the majority of that decline was dry van related, a response to the unusually strong dry van volume in June,” said Frank Maly, director, CV transportation analysis and research at ACT. “Dry vans and flatbeds drove most of the slight jump in cancellations that occurred in July, with the flatbed shift reported to be the response to dealers bringing their inventories more in line with current demand.”
He also noted that pressure in vocational trailers is likely in the upcoming months as the impact of the recent energy price declines is yet to be seen.
“Lower prices will continue to dampen exploration, as well as the accompanying equipment investment,” he said. “Our view that 2015 will be the best trailer market since the late 1990s remains unchanged.”