Trailer Preliminary Net Orders at 9,950 for July: ACT

ACT’s preliminary estimate for U.S. net trailer orders for July is 9,950 units. Final July volumes will be published later this month.

ACT’s preliminary estimate for U.S. net trailer orders for July is 9,950 units. Final July volumes will be published later this month.

“Commercial trailer net orders fell over 25% sequentially in July and are less than half of the same month last year. While July is the industry’s weakest order month from a seasonal perspective, the m/m tumble was more than double that projected by seasonal patterns,” said Frank Maly, ACT’s Director CV Transportation Analysis & Research.

“July’s results appear to be impacted by both seasonal and cyclical pressures. New order placement was weak, as fleets continue to evaluate their investment plans in the face of a lackluster economy and resulting impact on both freight rates and volumes.”

 

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish