Trailer orders jump in March

April 26, 2010
Commercial trailer orders jumped 165% in March over March 2009’s numbers, according to ACT Research Co. It is the sixth consecutive month of year-over-year growth and the fourth time the orders have exceeded 100% growth

Commercial trailer orders jumped 165% in March over March 2009’s numbers, according to ACT Research Co. It is the sixth consecutive month of year-over-year growth and the fourth time the orders have exceeded 100% growth.

All nine trailer segments showed improvement in March, ACT said in its latest “State of the Industry: U.S. Trailers,” report. In particular, the report shows dry vans are recording strong growth this year with a year-to-date increase in net orders of 233%. Reefer vans are up 63% year-to-date.

The improving orders have pushed total trailer backlogs to their highest levels in 18 months.

“The trailer manufacturing industry seems to be recovering from the deep slump it has been in for the past two years,” said Steve Tam, vp-commercial vehicle sector with ACT Research. “The stretch of stronger months has come during the normal peak season for trailer orders, so the industry is being cautious about ramping up production too rapidly to ensure growth is sustainable.”

Voice your opinion!

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

Sponsored Recommendations

The Ultimate Trailer Tracking Technology Checklist for Enterprise Fleets

We understand the challenges you face in consolidating inventory, reducing theft, and tracking revenue. That’s why we’ve created the ultimate checklist to help you evaluate your...

Discover 4 Easy Ways to Level-Up Efficiency with Trailer Telematics

In today's competitive landscape, gaining an edge is vital. That's why top fleets are utilizing trailer telematics to boost efficiency and we've captured their secrets. Introducing...

The Future of Mirrors is Closer Than it Appears

Why Mirror Camera Systems are the next step for fleet safety and exoneration While many commercial trucking cameras are similarly marketed, they are not all created equally. The...

The 20:1 Solution: Unlocking the ROI of a Modern Asset Maintenance Solution

Discover how modern fleet maintenance software can drive step-change improvements in shop efficiency, cost control and vehicle productivity, along with how to calculate the ROI...