COLUMBUS, Ind. — The trailer industry remained strong in August, posting its strongest month of shipment volumes since June 2007.
However, order cancellations also rose in August, possibly signaling some uncertainty among buyers.
ACT Research reported in its most recent State of the Industry: US Trailers that shipments were up 14% month-over-month in August and 62% year-over-year.
A continued escalation of cancellations has eased the backlog.
“While the slowing in order activity is following season norms, the gradual upward path of cancellations bears watching,” said Frank Maly, director CV rransportation analysis and research with ACT. “The extremely strong quotations and order activity that began in the fall of 2010 have now plateaued. Concern over economic uncertainties is a factor in the short to medium term. Cancellation levels, in combination with order activity, will be the determining factors driving the path of the trailer industry in coming months.”
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