FTR Reports August Trailer Orders Set Record Outperforming Expectations

09.18.18 | FTR

August trailers orders outperformed expectations coming in at 35,300 units. This is the second consecutive month of higher than anticipated trailer orders, with record August orders 27% higher than July and 141% y/y. Trailer orders for the past twelve months total 370,000 units.

Fleets continue to place their 2019 orders a few months ahead of schedule as most OEMs have opened up their order boards through the second quarter of next year. During August, some large fleets placed substantial orders for dry and refrigerated vans to reserve production slots for next year. Parts and component availability remains tight.

Click here to view the latest release and an interactive graph of the Trailer Orders >

Don Ake, FTR Vice President of Commercial Vehicles, commented,   “Orders should remain sturdy for the rest of the year, with continued steady freight growth and tight industry capacity. There is strong demand for new trailers, and we expect this to continue well into 2019. It is a good sign that fleets expect a robust year in 2019 and are ordering trailers earlier than normal in anticipation.”

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The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service.

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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.