FTR Reports Good Preliminary April Trailer Orders That Reflect Continued Seasonal Pattern
05.11.18 | FTR

FTR reports preliminary April trailer orders at 22,000 units, a m/m decline of 20% from March which simply reflects a typical seasonal adjustment. April 2018 trailer orders were still solid for the month, with a +10% comparison y/y and 21% higher than the excellent year of 2015. Backlogs will now begin to decline as is typical this time of year. Trailer orders have totaled 330,000 for the past twelve months.
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“This is still a decent April for trailer orders. It is higher than 2015 and signals the market will stay red-hot for a while. Some orders are already rolling into 2019. Solid freight growth and high trailer capacity utilization rates mean more trailers are needed to help relieve this capacity crunch and compensate for driver shortages.”
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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.
Graphs
03.23.21
Shippers Conditions Index
03.12.21
Preliminary Trailer Orders
03.05.21
Trucking Conditions Index
03.02.21
Preliminary N.A. Class 8 Net Orders
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