ACT: Trailer Net Orders Up 70% Y/Y in October

ACT Research’s preliminary estimate for October 2018 net trailer orders is 55,250 units. Final October volume will be available later this month.

“After posting the highest monthly net order volume in history in September, the trailer industry continued at a breakneck pace in October. Our projection ranks October as the second-best net order month in history, up more than 70% year-over-year,” said Frank Maly, ACT’s director of CV Transportation Analysis & Research.

Seasonally adjusted, October net orders were almost 48k units. The trailer order season, which normally begins in October, has already been underway for several months so that higher seasonal impact reduces the adjusted results.

Year-to-date, fleets have ordered roughly 350,000 trailers.

Maly noted, “Through ten months, net orders are up 55% versus last year, strong evidence of the positive fleet outlook driving robust investment plans. The longevity of the current order cycle is evident with a review of recent history; six of the industry’s top ten order months have occurred since last November.”

While strength in dry vans continues to support overall industry results, the preliminary numbers point to last month’s reefer volume as the highest ever recorded.

ACT’s methodology generates a preliminary estimate of the market that should be within +/- 3% of the final order tally.

Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.