COLUMBUS, Ind. — The trailer market continued to be hot in December, with net orders of commercial trailers rising to 22,915 units, a 7% increase over a strong November, ACT Research reports.
December factory shipments were up 12% compared to November and 69% stronger than last December, ACT reported in its State of the Industry: US Trailers report.
ACT said the surge in net orders has been broad based, with seven of nine trailer segments reporting triple digit year-over-year increases in December.
The dry van segment was especially strong, with net orders up a whopping 417% compared to last December. For the full year 2010, commercial trailer factory shipments rose 52% with net orders up 105%, ACT reports.
“Comparatively speaking, 2010 was a good year for the commercial trailer industry as factory shipments rebounded by 52%,” said Kenny Vieth, president and senior analyst with ACT Research. “However, the fact that even with that increase, 2010 was the second worse year for factory shipments since 1983, clearly shows how bad 2009 was. The good news is that orders have ramped up nicely in the last quarter and set the stage for strong growth in 2011.”
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News