COLUMBUS, Ind. — Commercial trailer net orders declined 2% in July from June levels, marking the fourth consecutive month of declines, according to the most recent data from ACT Research.
The industry backlog ended the month of July at 93,600 units, 97% higher than July 2010, according to the State of the Industry: US Trailers report published by ACT.
“Given the industry’s normal seasonal business patterns, the pace of orders is expected to slow further in the third quarter. Current activity is tracking to those expectations,” said Frank Maly, director CV transportation analysis and research with ACT. “Order volume should begin to build again during fall and winter. Significantly, cancellations continue to be low. That denotes a solid backlog, and that’s a positive indicator for the industry through the rest of 2011 and into 2012.”
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