Net orders for new trailers fell nearly 14 percent month over month, and contracted 10 percent year over year, according to the most recent State of the Industry: U.S. Trailers report released late Friday by ACT Research Co. (ACT).“New orders continued to ease in May, following seasonally projected patterns, but fleets continue to bias their investments to trailers,” said Frank Maly, director of commercial vehicle transportation analysis and research for ACT.
“The market is being driven by large fleets, with small to medium fleets tending to remain on the sidelines. That said, large players are not immune to market pressures, as anecdotal information indicates that negotiations for the upcoming order season are starting to bog down.”
Maly added that caution over current and anticipated market conditions and fleet financials are beginning to be expressed.
ACT is the worldwide leading publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market.
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