COLUMBUS, Ind. -- August commercial trailer net orders were up 55% from August of 2009, continuing a healthy rebound from what was one of the worst years in the commercial trailer industry, according to ACT Research Co. (ACT). Eight of the nine...
COLUMBUS, Ind. — August commercial trailer net orders were up 55% from August of 2009, continuing a healthy rebound from what was one of the worst years in the commercial trailer industry, according to ACT Research Co. (ACT). Eight of the nine trailer categories tracked by ACT posted year-over-year growth. Dump truck trailers, which primarily support the construction sector, declined by 2% compared to August of last year.
In the latest release of State of the Industry: U.S. Trailers, ACT noted that net orders of 10,946 in August were 2% above July levels. Trailer manufacturers increased the per day build rate by 6% in August which caused the backlog of orders to decline for the first time in eight months. However, this is a typical seasonal pattern that has occurred in 12 of the last 13 years, according to ACT.
“With more freight to haul and continued tight freight hauling capacity, trucker profits are rising and should provide the wherewithal to increase the pace of replacing older equipment,” said Kenny Vieth, partner and senior analyst with ACT Research. “Trailer manufacturers are well positioned to serve this need as the backlog-to build ratio now stands at four months and is expected to gradually rise as the seasonally strong order months of October through March approach.”
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