COLUMBUS, Ind. – ACT Research’s preliminary estimate for US net trailer orders is 9,950 units for July — down substantially from June.
ACT says this information and data has been developed using a new methodology that allows it to general an estimate for total US net trailer orders that should be within +/-5% of the final order number.
“Commercial trailer net orders fell over 25% sequentially in July and are less than half of the same month last year. While July is the industry’s weakest order month from a seasonal perspective, the m/m tumble was more than double that projected by seasonal patterns,” said Frank Maly, ACT’s director CV transportation analysis and research. “July’s results appear to be impacted by both seasonal and cyclical pressures. New order placement was weak, as fleets continue to evaluate their investment plans in the face of a lackluster economy and resulting impact on both freight rates and volumes.”