Trailer Orders Up 45% for First Half of 2014: ACT

July 24, 2014
June net orders of 22,000 represent a 42% increase over the same period a year ago and year-to-date net orders of 156,000 are up 45% over the same period last year.

June net orders of 22,000 represent a 42% increase over the same period a year ago and year-to-date net orders of 156,000 are up 45% over the same period last year, according to the most recent “State of the Industry: U.S. Trailers” published by ACT Research Co. (ACT).

“Strength in June came from specialty trailers, with platforms posting a 42% m/m gain while liquid and bulk tanks both surged over 75% from May levels, said Frank Maly, Director – CV Transportation Analysis and Research at ACT.

“The industry is also enjoying low cancellations, driven by firm fleet investment commitments.”

Maly noted that inventory rose 6% month-over-month, as tight capacity at the fleets continues to interfere with pick-up of new equipment, although he added that some progress is expected in upcoming months.