Nearly 15,400 net trailer orders were received in June, up 7% from May, according to the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“June’s cancellation rate was only half of that posted in May,” said Frank Maly, Director-CV Transportation with ACT Research. “It appears that fleets are standing firm with their order commitments.
There is normally a jump in production in the last month of a quarter, and that definitely occurred in June, according to Maly: “Build reached the highest daily rate since December 2006.”
For more information on ACT, please visit http://www.actresearch.net.