According to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT), the robust 43% month-over-month gain in net orders in October was followed by November’s less vigorous 3% month-over-month improvement. Strength was concentrated in dry vans, flats and liquid tanks.
“On a year-over-year basis, total net orders of 25,670 units were up 17%,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “Cancellations continued to be low, and that appears to be the result of firm commitments by fleets,” he added.
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China.