October trailer sales were up 82 percent from September and 168 percent over last year, ACT Research reported this week. Preliminary tallies show net trailer orders for October were 46,750 units, the company says.
"With more 2023 order boards opening, October net orders continued their upward trend," says Jennifer McNealy, director of CV market research and publications at ACT Research. "With the supply chain constraints improving for trailer manufacturers, as well as their increasing nimbleness in meeting and mitigating those challenges, OEMs are more comfortable accepting orders and this month's preliminary data demonstrates that."
With backlog-to-build ratios above seven months, fleets are getting in line for trailers and staying there, she adds.
Final October results will be available from ACT Research later in November, the company says.