Trailer Net Orders Up 45% for First Half of 2014
COLUMBUS, IN — North American truckers ordered 45 percent more trailers in the first half of 2014 than over the same period last year.
Year-to-date, truckers ordered 156K trailers, according to freight forecasters at ACT Research.
“Strength in June came from specialty trailers, with platforms posting a 42-percent month over month gain while liquid and bulk tanks both surged over 75 percent from May levels,” said Frank Maly, director – CV transportation analysis and research at ACT.
June net orders of 22,000 were one percent lower than in May, but were up 42 percent year over year.
“The industry is also enjoying low cancellations, driven by firm fleet investment commitments,” Manly said.
Inventory rose six percent month over month as tight capacity at the fleets continues to interfere with pick-up of new equipment, Manly said, adding that some progress is expected in upcoming months.