US trailer orders strong in November: FTR
BLOOMINGTON, Ind. – US Trailer orders were strong in November according to the FTR.
Orders last month (39,356) were the second highest month ever, following October’s record-setting mark. Over the last year, FTR says there have been more than 342,000 trailer orders.
“The trailer market is showing continued power and this momentum is now expected to flow into the second half of 2015,” said Don Ake, FTR v.p. of commercial vehicles. “The environment for fleets is very positive with plenty of freight, tight capacity, dropping diesel prices and increasing profits.All trailer segments remain strong and steady, especially flatbed orders, which set an all-time record in November. Backlogs are now tremendously high, so build rates are going to remain robust for several quarters. The strength of order activity certainly bodes well for 2015 production.”
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