COLUMBUS, Ind. — The US trailer industry cooled off in April, but commercial trailer net orders remain 72% higher year-to-date through April, according to ACT Research’s latest State of the Industry: US Trailers report.
April net orders were 13% below March’s strong postings and 3% higher than April 2009.
ACT reported that net orders continue to supersede build rates and that order backlogs are at their highest level in 20 months. In April, net orders for dry vans and reefers softened slightly while flatbeds and other segments continued to strengthen.
“While April was a little weaker than February and March, the trailer industry is in the early stages of a rebound from a very weak 2009,” said Kenny Vieth, senior analyst and partner, ACT Research. “A potential indicator of continued improvement is the very low level of order cancellations over the past three months.”
For more info, visit www.actresearch.net.
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