May trailer orders up more than 50 percent
May net trailer orders rose 52 percent year-over-year, according to ACT Research, with backlog, build, inventory and shipments less than 1 percent off from April.
“This stability provides a solid foundation for the industry as we move into the summer and fall build season,” says Frank Maly, Director – CV Transportation Analysis and Research at ACT.
Maly said that production rates should remain relatively unchanged over the next few months and the orderboard should continue to support the industry to the next order season this coming fall.
The trailer industry booked 22,300 net orders in May according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).