Trailer Orders Pick Up in September
COLUMBUS, IN — September’s net orders for trailers are showing a healthy 11 percent jump month-over-month, rising to 16,990 units, reported ACT Research yesterday.
Seasonally adjusted, that’s an annual rate of 224,800 units.
“With September having four fewer workdays than August, a month-over-month decline in total trailer build was a foregone conclusion,” said Frank Maly, director-CV Transportation with ACT Research.
“However, the real story was the daily production rate, which jumped to the third best level of 2012. The BL/BU ratio at the end of September was 3.7 months, the lowest level of this recovery. If the normal year-end order flow does not occur, a reduction in production rates will likely be needed in late 2012 or early 2013,” he explained.
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