X

April trailer orders jump

Jason Cannon May 28, 2013
After suffering a weak March, net trailer orders jumped 29% month over month in April, stronger than predicted by seasonality.
After suffering a weak March, net trailer orders jumped 29% month over month in April, stronger than predicted by seasonality.

Following weak March numbers, net trailer orders soared 29 percent month over month in April, stronger than predicted by seasonality.

However, according to ACT Research, year to date net orders lag by 10 percent compared to 2012. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.

“The order activity seen in April is normally expected in March; the commitment delay is an indication of the overarching caution regarding investment commitments by the fleets,” said Frank Maly, Director-CV Transportation with ACT Research. “Concerns over a sluggish economy, lackluster fleet profitability, and credit availability have been the major factors impacting trailer order timing the past few months. Additionally, the pullback in energy investment has specifically impeded the specialty trailer segment.”

Poll

Have truck sales the first 3 months of 2014 changed your expectations for year-end sales?

Latest

Kenworth of Pennsylvania opens new parts, service center

Four Star Freightliner invests in transmission service

Idealease duo honored by National Private Truck Council

Popular

Rush Enterprises truck sales outpacing industry, up 30 percent

Stoughton Trailers files unfair trade petition over ‘dumping’ of Chinese imports

TRP celebrates 20-year anniversary