Total trailer production soared in June, surpassing 27,000 units and capitalizing on one of the longer work schedules of the year, ACT Research reports.
“Eight of ten trailer categories had higher production month over month. Flatbeds posted the best sequential gain,” says Frank Maly, director – Commercial Vehicle Transportation Analysis and Research at ACT.
A jump in build rates, combined with a seasonally expected easing in backlogs, resulted in June closing with a 4.6-month build-to-backlog ratio for the total industry, ACT reports.
“Dry vans have the longest commitment at just over five months, pushing their order board horizon to early December,” says Maly. “We would expect total industry BL/BU to continue to ease through September, before accelerating in response to the upcoming fall order season.”
