Net orders for trailers fell 11% month-over-month in March, but were almost identical to orders in the first quarter of 2011, according to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“Every trailer category posted month-over-month gains in build,” said Frank Maly, Director-CV Transportation with ACT Research. “Coupled with the modest drop in orders, the total industry backlog fell just over 1% month-over-month.
“Despite incremental softness, the backlog was up 17% compared to year-ago levels. Industry backlogs remain supportive of current production levels.”
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