ACT Research: OEMs Surmount Supply Disruptions; US Trailer Demand Endures

August 2022 Net Trailer Orders 17,777 UnitsAugust net US trailer orders of 17,777 units were 4.6% higher compared to last month, but more than 37.7% above the year-ago August level, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.

ACT Research’s State of the Industry: U.S. Trailers report provides a monthly review of the current US trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build, inventory, new orders, cancellations, net orders, and factory shipments. It is accompanied by a database that gives historical information from 1996 to the present, as well as a ready-to-use graph packet, to allow organizations in the trailer production supply chain, and those following the investment value of trailers, trailer OEMs, and suppliers to better understand the market.

“Discussions across the past month indicate more OEMs opening 2023 build slots (some opening initial slots, others expanding into later in the year). OEMs continue to negotiate with fleets, and those efforts are quickly moving to booked business,” said Jennifer McNealy, Director–CV Market Research & Publications at ACT Research.

Total Trailers Backlog & Backlog/Build RatioMcNealy added, “While manufacturers continue to wrestle with rolling supply-chain disruptions, as well as challenges on the labor front, tangible improvements are being made.” She concluded, “OEMs are investigating longer-term supply solutions, including but not limited to increased parts inventories and automation to offset labor pains, in hopes of getting ahead of potential future disruptions. Demand remains strong, cancellations remain insignificant as fleets in queue plan to stay in line, and we’re beginning to hear about price stabilization accompanying the smoother flow of materials in the supply chain.”

ACT Research is recognized as the leading publisher of commercial vehicle truck, trailer, and bus industry data, market analysis, and forecasts for the North America and China markets. ACT’s analytical services are used by all major North American truck and trailer manufacturers and their suppliers, as well as banking and investment companies. ACT Research is a contributor to the Blue Chip Economic Indicators and a member of the Wall Street Journal Economic Forecast Panel. ACT Research executives have received peer recognition, including election to the Board of Directors of the National Association for Business Economics, appointment as Consulting Economist to the National Private Truck Council, and the Lawrence R. Klein Award for Blue Chip Economic Indicators’ Most Accurate Economic Forecast over a four-year period. ACT Research senior staff members have earned accolades including Chicago Federal Reserve Automotive Outlook Symposium Best Overall Forecast, Wall Street Journal Top Economic Outlook, and USA Today Top 10 Economic Forecasters. More information can be found at www.actresearch.net.

ACT’s 68th Seminar is scheduled for February 21-23, 2023. Look for more details on this event over the coming months and save the date for February’s event. When details are available, they may be found at www.actresearch.net.

With numerous technology applications and a current lack of mass adoption, the path to understanding the autonomous technology horizon is quality economic modeling. ACT Research, the gold standard in market data, forecasting, and total-cost-of-ownership development for the commercial vehicle market, has developed DRIVING AUTOMATION, a report aggregating relevant market information, diving deep into autonomous models, and presenting a technology adoption rate forecast over a 20-year horizon. To learn more about DRIVING AUTOMATION, click HERE.

For businesses working to understand the future of decarbonized powertrains across Classes 4-8 vehicles, ACT Research is continuing to develop and report groundbreaking analyses of various propulsion systems' evolution of battery and fuel cell electric and hydrogen internal combustion, government regulations and subsidies, electric, hydrogen, natural gas, and gasoline supply, and infrastructure as well as a TCO model of 50 unique vehicle applications across North America, Europe, and China through 2040. To join ACT Research in this effort as we work to develop our third edition of CHARGING FORWARD, a decarbonization forecast thru 2040, and to learn more, click HERE.

Click below to:

Access more information about ACT’s State of the Industry: Classes 5-8 Report.

Access more information about ACT Research’s other publications and services.

Access August's State of the Industry: Classes 5-8 Vehicles Preliminary Press Release.

Access August's State of the Industry: Classes 5-8 Vehicles Press Release.

In the News Page.

Back to Blog

Related Articles

ACT Research: US Trailer Production Facing Lower Demand and Supply Chain Disruptions

According to this quarter’s issue of ACT Research’s Trailer Components Report, the US trailer...

ACT Research: US Trailer Production Moves from Historical Low in April to Third Best in October

According to this quarter’s issue of ACT Research’s Trailer Components Report, after sinking to the...

ACT Research: US Trailer Demand Remains Strong; Manufacturer’s Endure Supply-Chain Issues

July net US trailer orders of 16,997 units were 33% lower compared to last month, but more than...