July net US trailer orders of 18,851 units were a significant improvement (up 40%) from June’s uptick and well above July 2019’s level (up 80%), ACT Research reports. Before accounting for cancellations, new orders of 20,000 units were up 26% versus June and 44% better year-over-year, according to this month’s issue of ACT’s State of the Industry: U.S. Trailer Report.
“The industry continues to climb from the COVID-generated historic low order volume posted in April,” said Frank Maly, ACT director–CV transportation analysis and research. “At this time last year, however, fleets were in a freight volume and rate-driven investment retrenchment that continued through last September/October.”