Trade Resources Market View The Trailer Industry Saw a 14% Month-Over-Month Gain in Net Orders in December, 2013

The Trailer Industry Saw a 14% Month-Over-Month Gain in Net Orders in December, 2013

The trailer industry saw a 14% month-over-month gain in net orders in December, 2013, as six of the 10 trailer categories posted positive results, according to Americas Commercial Trucking (ACT) Research.

For 2013, a total of 231,700 orders were booked, down just under 2% from 2012’s result. This was the third consecutive year of annual orders greater than 230,000, says ACT.

“All trailer categories had single-digit cancellation rates, which is a positive for the industry,” says Frank Maly, director – CV Transportation Analysis and Research at ACT.

“In addition to indicating that existing fleet commitments are solid, low cancellations also simplify material flow and order planning by the original equipment manufacturers.”

 

Source: http://www.moderntiredealer.com/news/story/2014/01/truck-trailer-orders-gain-in-december.aspx
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Truck Trailer Orders Gain in December
Topics: Auto Parts