According to ACT Research, facilitated by additional build days, total trailer production was up 12% sequentially in May, and was 2% better than last year.
“The majority of the May increase resulted from two more days in the schedule, although an increase in daily build rates also contributed,” said Frank Maly, director of CV transportation analysis and research at ACT. “Gains in dry vans and reefers led the way last month.”
Trailer volumes were up 11% sequentially in May, with more than 24,000 trailers shipped.
“May shipments were nearly equivalent year-over-year, with volume off less than 1%,” Maly said. “Seasonally adjusted volume was 25,132, which was also up 11% month-over-month from the corresponding April measure.”
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!