Trailer Orders up 1.8%; OEMs Foresee Pickup in Sales
Transport Topics reported that trailer orders inched up 1.8% in September from a year ago to 16,990, citing ACT Research, and manufacturers said they expect order intake to continue growing in the final months of the year. Sequentially, new orders rose 9.1% from August, the second straight month-to-month increase, following softness during the summer, the data show, Transport Topics said.
The article quoted ACT vice president Steve Tam as noting the latest industrywide figure represent “a step in the right direction, and I think maybe a little bit of foreshadowing of what we can expect as we move into the stronger order season of the year.”
To read the full Transport Topics article click here.
