COLUMBUS, Ind. — Trailer orders continue to surge, rising 23% month-over-month in November, according to the latest data from ACT Research.
November net orders came in a whopping 215% over November 2009.
November’s net orders totaled 21,314 units, according to the latest State of the Industry: US Trailers report. The surge has been lead by dry van orders. Over the past three months, net orders for dry vans are up 217% compared to the same three-month period last year.
All eight trailer types tracked by ACT are up from 2009, although grain trailers and flatdecks only modestly.
“An appropriate description of 2010 trailer net orders would be ‘in like a lamb, out like a lion’,” said Kenny Vieth, president and senior analyst with ACT Research. “With rising trucker profits and deferred capital investment, the stage is set for healthy trailer demand in 2011. History shows that when the industry cycles, it is typically a two to three year process.”
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