Trailer production hits decades-old low

Jan. 29, 2010
Though commercial trailer factory shipments of 8,296 units this past December were the highest monthly total in 2009, for the entire year, trailer shipments were off 44% year-over-year and the lowest level since 1978, according to ACT Research Co

Though commercial trailer factory shipments of 8,296 units this past December were the highest monthly total in 2009, for the entire year, trailer shipments were off 44% year-over-year and the lowest level since 1978, according to ACT Research Co. (ACT).

In its latest “State of the Industry: U.S. Trailers” report, ACT indicated that almost every category of trailer factory shipments posted the lowest recorded levels in 30 to 50 years, with only the reefer van sector holding up relatively well. December net orders for commercial trailers were up 140% from depressed levels in December 2008, but slightly below the 2009 monthly average.

“Reaching a 32-year low required not only the worst economic downturn in generations, but also the impact of trailer tracking technology on trailer productivity and utilization,” said Kenny Vieth, partner and senior analyst with ACT Research. “On a more positive note, inventories reached a new four-year low, a prerequisite for improvement in production rates.”

Sponsored Recommendations

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

How to Choose the Right Route Planning Solution

This free buyer's guide will help equip you with the knowledge and insights needed to analyze route planning software and vendors in the market and, ultimately, make an informed...

How to Put Your Trucking Data to Work

How fleets can overcome data overload to optimize operations and get ahead.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!