October Trailer Orders Up 43%

October Trailer Orders Up 43%

The fall order season for trailers kicked off with a 43% month-over-month net order gain.

The fall order season for trailers kicked off with a 43% month-over-month net order gain, with total net orders at 24,900 units, according to the State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).

The year-over-year comparison was less robust, but still a solid 6% increase.

 “Improvement in orders was widespread in October, as seven of ten trailer categories were positive month-over-month, with most of those posting solid double-digit gains,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT.

“Cancellations were low, which continues to indicate both an absence of speculative orders in the backlog as well as a confirmation that trailers on the order board are truly needed.”
 

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