“Fleets continued their conservative investment posture in all equipment categories in January,” says Frank Maly, ACT director, commercial vehicle transportation analysis and research. “Discussions indicate that the winds of weaker freight volumes and lower rates continue to buffet fleet financial results. They are also seriously questioning their need for additional equipment, as many indicate that capacity constraints dissipated many months ago.”
Maly says an indication of fleet investment retrenchment was heard at the recently completed ACT Seminar #62, where one fleet panel participant indicated that the fleet will not be adding any equipment to its operations this year. “That appears to be a common stance of many fleets for 2020,” Maly adds.
ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current U.S. trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build, inventory, new orders, cancellations, net orders, and factory shipments.
