ACT: Dry vans pace y-o-y jump in trailer sales

ACT: Dry vans pace y-o-y jump in trailer sales

ACT’s preliminary estimate for May net trailer orders is 17,850 units, down somewhat but well above historical trends for the month. The estimate of the market should be within 3% of the final order tally, according to the firm, a specialist in commercial vehicle data and analysis. Final May volume will be available later this month.

“Net orders were off approximately 14% month-to-month, but that was actually better than expected since historic order patterns call for decline in excess of 20% in May,” said Frank Maly, ACT’s director of CV transportation analysis and research. “The major May story is the continuation of the 2016/17 order season momentum. After a very slow start last fall, orders have been up year-over-year (y/y) every month since December, with both April and May posting y/y gains of 25% or better.”

Preliminary information shows that dry vans were the major contributor to the solid May performance.

“Dry vans, while off month-over-month as history projects, were up almost 50% versus last year,” Maly said. “Flatbeds, dumps, and tanks also posted solid y/y results last month.”

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