Final Net Trailer Orders for November Significantly Beat Expectations at 35,800 Units

12.16.16 | FTR

FTR reports final November net trailer orders at 35,800 units, beating expectations by a wide margin.  November orders were plus 78% m/m but 8% below last year; however, November 2015 trailer orders were exceedingly strong.  Dry Van orders lead the way in November, with particularly robust order intake.  Trailer orders have totaled 210,000 units over the past twelve months.  Backlogs jumped an impressive 15%, the first increase since last December.  Trailer production fell moderately on a per day level, but met expectations. 

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Don Ake, FTR Vice President of Commercial Vehicles, commented, “This was an unexpected jump in trailer orders.  Fleets took more time than usual to determine their 2017 requirements, but the large fleets then placed some impressive orders.  The high order totals were driven primarily by fleets replacing older dry vans. Refrigerated van orders were also strong, reflecting the continued growth of temperature-controlled freight.

“The trailer market segments continue to be highly fragmented.  Dry and refrigerated vans, which are closely tied to the consumer sectors of the economy, are maintaining much of their strength.  Flatbeds and other trailers connected to the industrial side of the economy, have fallen off significantly the second half of 2016.“

The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service. To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1.

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About FTR
For more than two decades, FTR has been the thought leader in freight transportation forecasting in North America. The company’s national award-winning forecasters collect and analyze all data likely to impact freight movement, issuing consistently reliable reports for trucking, rail, and intermodal transportation, as well as providing demand analysis for commercial vehicle and railcar. FTR’s forecasting and specially designed reports have resulted in advanced planning and cost-savings for companies throughout the transportation sector.