COLUMBUS, Ind. — Trailer orders dropped 30% month-over-month in May, but ACT Research said it was more a reflection of strong April numbers than a lackluster May.
Orders came in at 15,600 units, which ACT said is in line with seasonal expectations.
“Cancellations continue to be a non-issue for the industry, although they did increase month-over-month in May,” said Frank Maly, director-CV transportation with ACT Research. “It was evident that some fleets reassessed their commitments for the second half of the year, since cancellations were at 7.9% of new orders.”
Maly said that softer orders in May were not a concern, since the industry is now past the prime order season. Net orders were off only 1% year-over-year.
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