New trailer orders of 15,660 trailers fell 30% month over month but the result was mostly due a comparison to a very strong April.
Trailer Industry Orders Soft in May Against Strong April
New trailer orders of 15,660 trailers fell 30% month over month but the result was mostly due a comparison to a very strong April.
by Staff
June 24, 20131 min to read
May’s volume was more in line with seasonal expectations. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
“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,” he added. Maly said that softer orders in May were not a concern, since the industry is now past the prime order season.
Net orders were off only 1% year over year.
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