According to ACT Research’s recent preliminary report, net trailer orders in September were 25,700 units, up about 45% from August but around 10% lower than the same month last year. Final September results will be available later this month.
“With more 2023 orderboards opening, September net orders rose in seasonal fashion,” Jennifer McNealy, director CV market research & publications at ACT Research, said. “As the OEMs open next year’s build schedules more fully, they are reporting that most of the build slots made available have been filled. While up 45% from August on a nominal basis, seasonal adjustment narrows the sequential gap appreciably to around 5% m/m growth. Additionally, some trailer manufacturers are reporting expectations that when they do open the remainder of their 2023 orderboards in the next few months, those spots will also fill rapidly, despite no firm pricing available at this point.”
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!