ACT: U.S. Trailer Orders in March Off M/M and Y/Y

Trailer net orders in March fell 30% month-over-month and 36% year-over-year, according to the most recent report from ACT Research.

“The 2015/16 order season ended not with a bang but a whimper, not entirely surprising given the dramatic front-loading this order season,” said Frank Maly, director of CV Transportation Analysis and Research at ACT. “Long backlogs helped encourage fleets to make quick decisions and although cancellations increased sequentially, the rise was relatively small and appeared to be a selective adjustment to commitments rather than any widespread movement.”

Maly added that seasonal patterns project March to be the backlog peak, but this season’s orders came so early that the backlog peak actually occurred in December 2015.

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!

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.