FTR Reports July Preliminary Trailer Orders at 28,000 Units – A Record for the Month of July

Tweet
U.S. trailer orders set a record for the month of July, coming in at a surprising 28,000 units. Trailer orders have now totaled an impressive 350,000 units for the past twelve months.  Orders were up 109% y/y.

OEMs have opened up some of the 2019 order boards, so fleets have started ordering a couple months early to reserve build spots and lock in prices. Carriers expect to add more trucks in 2019 and will need additional trailers for them. Freight growth continues to strain industry capacity. Refrigerated van orders were particularly strong, and dry van orders rebounded after a weak June.

---

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

---

Don Ake, FTR Vice President of Commercial Vehicles, commented,   “This is a terrific order number for a month of July. Usually July is the lowest order month of the year, but not this year. This indicates the trailer market should continue to be robust in 2019.”

“Strong economic and freight growth is expected to continue and, as a result, trailer production is at record levels. Orders should stay elevated as fleets continue to place orders earlier than normal for 2019.”


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.