Trailer backlog unchanged in February
Despite declining from January levels, February commercial trailer orders were strong enough to maintain industry backlogs, according to ACT Research.
February started softly but picked up momentum. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
“Total new orders for trailers were just under 20,000 units, down 8 percent month over month, while net orders of 18,160 were down 11 percent,” said Frank Maly, Director-CV Transportation with ACT Research. “Cancellations for most trailer categories continued to be benign,” he added. The industry ended February with a 6 percent increase in inventory.”