FTR Reports Final Trailer Orders for November at 45,000 Units

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Final trailer orders for November, as reported by FTR, came in at 45,000 units.  November 2018 trailer orders were 17% below the impressive October activity, but with a 5% y/y increase, it was the fifth highest order month ever and the best November in history. Trailer orders for the past twelve months now total 427,000 units.

Trailer orders were elevated for the third month in a row as dry van fleets placed large requirements orders for the second half of 2019. Orders for other trailer segments retreated back to more normal totals, after being near record levels the previous two months. 

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

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Don Ake, FTR Vice President of Commercial Vehicles, commented,   “There are still shortages of trailers in some markets as fleets continue to struggle to keep up with growing freight demand. Fleets are expecting they will need significantly more trailers throughout 2019. At some point, supply has to catch up with demand and that could begin to happen around mid-year. Expect trailer orders to fall for the next few months because most fleets already have their orders in for next year.”
 

To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1 and follow us on Twitter @FTRintel.



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.