Trailer orders spike in June
COLUMBUS, Ind. — Trailer orders jumped 7% in June, with nearly 15,400 units ordered, according to the latest data from ACT Research.
“June’s cancellation rate was only half of that posted in May,” said Frank Maly, director, CV Transportation with ACT Research. “It appears that fleets are standing firm with their order commitments.”
There is normally a jump in production in the last month of a quarter, and that definitely occurred in June, according to Maly. “Build reached the highest daily rate since December 2006,” he said.
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