Fleets ordered 23,135 truck trailers in August, up 27% from July and 45% ahead of August 2013, according to figures compiled by FTR, Bloomington, Indiana.
The market research firm said that orders were particularly strong in the refrigerated van, dry tank, and dump trailer segments.
Much of the August order activity will be produced next year because of increasing capacity constraints and long lead times at trailer manufacturers. Additionally, some fleets are believed to be placing orders early to beat expected price increases.
“August trailer order activity is a very positive development and reflects strong market momentum approaching the fall ordering season,” says Don Ake, FTR vice-president of commercial vehicles. “FTR sees no signs of the trailer market slowing down, so we expect good order numbers for the next few months. All trailer segments are seeing good order activity.”
To contact FTR, email [email protected] or call (888) 988-1699 ext. 1.