ACT Research’s preliminary estimate for April net trailer orders is 20,200 units.
“While net orders were off approximately 6% from March, industry patterns actually call for some softening in volume as we exit the industry’s normal ‘order season.’ On that basis, the April month-over-month decline is actually a bit less than we would have expected,” said Frank Maly, ACT’s director of CV transportation analysis and research. “Year-over-year, April orders were 22% above the same month last year. That’s the fifth straight month of stronger volume on a year-over-year basis.”
The 2016/17 order season started slow, but gained momentum as it progressed. That momentum appears to have carried into April, as fleets continue to fine-tune their investment plans for this year.
“Our preliminary results indicate that dry vans continue to post solid numbers, while flatbeds appear to have garnered the best year-over-year order growth, on a percentage basis, last month,” Maly said.
Final April volume will be available later this month. ACT’s methodology allows it to generate a preliminary estimate of the market that should be within +/- 3% of the final order tally.
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