Trailer Orders Drop 30% in February
February net trailer orders fell 30% from a year ago to 20,700 units, ACT Research Co. reported.
“Large fleets came to market early, resulting in a front-loaded order season,” said Frank Maly, ACT’s director of commercial vehicle transportation analysis and research.
“The decline in net orders sequentially and year-over-year is due to the tough comparison resulting from that early action — not a sign of weakness in the current market,” he said.
The month’s figure was 31% below January’s 29,853 total, but Maly said backlogs remain high, and order boards appear to have begun normal seasonal declines in response to the waning order season.
Continued "solid freight volumes combined with fleets adding capacity as well as replacing tired equipment are major positives," he added.
