X

Trailer orders drop 30 percent from April

Jason Cannon June 25, 2013

Trailer orders fell 30 percent month-over-month in May, a side effect of April numbers ACT Research says.

“Cancellations continue to be a non-issue for the industry, although they did increase month-over-month in May,” said Frank Maly, director-CV transportation with ACT Research. “It was evident that some fleets reassessed their commitments for the second half of the year, since cancellations were at 7.9% of new orders.”

Orders for May registered 15,600 units, which ACT said is in line with seasonal expectations. Maly said that softer orders last month were not a concern since the industry is past its prime order season.

Net orders were off only 1 percent year-over-year.

Poll

How would you categorize the state of your business 10 months into 2014?

Latest

Rental truck demand at all-time high

Daimler Truck revenues improve as truck sales jump

Kenworth adds ‘driver coach’ option on select MX-13 engines

Popular

Rush Enterprises Q3 income jumps $8M, sets a slew of company records

Wisconsin dealer named among state’s elite businesses

Doonan family opens newest Pete dealership in Kansas

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.