Commercial Trailer Orders Highest Since May
COLUMBUS, IN – ACT Research recently reported yesterday that new and net trailer orders in October climbed to their highest levels since April and May of this year, coming in at 19,408 units and 17,384 units, respectively.
Adjusted seasonally, October’s backlog rose 1.5 percent month-over-month, ACT said.
Frank Maly, director CV transportation analysis and research with ACT said that with orders and production in line, "there is nothing to suggest an upwards move from current production levels, at least not until we know the outcome of peak season orders.”
“Component availability appears to have reached a comfortable equilibrium with current production rates,” he added.
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.