X

Trailer orders plummet in January

Jason Cannon February 22, 2013

Despite orders strong enough to generate a small gain in January backlog, orders for new trailers crashed more than 30 percent from December.

“A total of 20,357 net orders were booked in January, down 34 percent from December’s unsustainable level,” said Frank Maly, Director-CV Transportation with ACT Research.  “However, January activity generally met our expectations that the new year might start a bit slow before gaining stride. The average seasonally adjusted annual rate for the last two months was 269,000 units, which gives a better perspective on the market.”

Backlogs increased to 5.3 months, ACT Research reported. 

Poll

Have you revised your truck sales forecast for 2015 in the past 6 months?

Latest

Tennessee International truck dealer passes away

Volvo Trucks adds to video series

SmartTruck Systems, Mckinney Trailer reach agreement

Popular

Navistar narrows losses, posts 4Q net loss

Campbell Supply Elite Support certified for fourth time

Educational sessions announced for Work Truck Show 2015

Successful Dealer Award

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