Trailer demand stays strong through February
COLUMBUS, Ind. — Trailer orders were strong in February, with 29,947 orders placed after cancellations.
ACT Research reported the latest numbers in its State of the Industry: US Trailers report.
“Net orders were up 17% sequentially and up 68% from the same month last year,” said Frank Maly, director, CV transportation analysis and research at ACT.
Concerning backlogs, Maly noted that the industry order board is now at the highest level since August 2006.
“While dry vans were the driving force in the 11% month-over-month total industry gain, strength was widespread. Seven of 10 trailer categories were up month-over-month,” he said. February production surged compared to a weather-impacted January, ACT reported.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.