Trailer orders inch above expectations in April

Updated May 31, 2018

ACT Research announced Thursday trailer orders finished just below 24,000 units last month, slightly ahead of the 23,100 units preliminarily estimated a few weeks ago.

“The final result outpaced our preliminary estimate, an indication of the continuing strength in trailer demand, even as we slide from order season to build season,” says Frank Maly, director, commercial vehicle transportation analysis and research at ACT Research.

“Strength continues to be widespread, with only bulk tanks below last year’s volume. The 17th consecutive month of year-over-year order gains was driven by solid freight demand and high freight rates that both encourage and provide the ability for fleets to continue to invest in equipment.”

Maly adds that ACT’s build plan predictions remain unchanged, but are “predicated on adequate component supply. We are hearing comments regarding component availability, particularly concern about tires, and these concerns are not surprising given that most truck and trailer OEMs are producing close to full capacity.”

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