According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer industry net orders have now posted y/y declines for the last 10 months. YTD September net orders were down 54% versus 2018. Dry van and reefer net orders were both weaker than the industry average, while only medium lowbeds had a positive y/y result, but just 3% better than last year.
Topics: logistics, Trailers, Press Releases, TrailerComponents, class 8 trucks, supply chain, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8
ACT’s preliminary estimate for October indicates that trailer manufacturers booked 31.9k net orders to their orderboards last month, a 71% spike from September and the second straight month of sequential growth greater than 70%. Volume was 42% below last year, but slightly above the same month in 2017. Year-to-date, net orders are off 52% from the torrid pace of 2018.
Topics: logistics, Trailers, Press Releases, supply chain, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production, north american trailer, class8
According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, the primary risk to all vehicle market forecasts, and the US economy broadly, in either direction, remains the trade war with China. With US manufacturers and farmers struggling to compete on the tilted global playing field, the key driver of growth in the mid-term outlook is the US consumer, who remains well positioned to keep the economy out of the ditch.
Topics: freight, transportation, logistics, shipping, Classes 5-8, Economy, NA CV OUTLOOK, Press Releases, class 5-8 trucks, class 8 trucks, commercial truck report, supply chain, medium duty truck, commercial vehicle sales data, truck market, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, demand planning, commercial freight shipping, trailer production, HeavyDuty, Economics, semitruck, heavy duty truck, GDP
New US trailer orders of 21.6k were up 44% month-over-month, and after accounting for cancellations, net orders of 18.6k hit their third sequential increase in ten months, rising 73% from August, but down 68% compared to September of 2018. Year-to-date, however, net trailer orders are 54% below last year, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report.
Topics: logistics, Trailers, Press Releases, class 8 trucks, supply chain, commercial vehicle sales data, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, transportation industry news, trucking, commercial trailer, us trailer, trailer production
ACT’s preliminary estimate for September indicated that trailer manufacturers booked 18.5k net orders to their orderboards last month, a 75% surge from August’s subdued net order volume. Volume was 68% below a year ago, while year-to-date, net orders are 54% less than last year. Before accounting for cancellations, new orders were 21.4k, up 45% from August and 64% below last year. Final volume will be available later this month. This preliminary market estimate should be within +/- 3% of the final order tally.
Topics: freight, transportation, logistics, shipping, Trailers, Press Releases, truck market, transportation industry news, trucking, commercial trailer, us trailer, trailer production, semitruck