FTR Reports May Preliminary Trailer Orders Fall to Lowest Level Since July 2016
06.21.19 | FTR

FTR reports preliminary trailer orders for May at 11,700 units, the lowest total since July 2016. Orders for 2019 production have basically come to a halt, as most build slots for the year are already filled. Trailer builds were hefty for the third straight month and should remain elevated in the short-term; however, production numbers in the second half will likely moderate due to expected slower economic and freight growth. The flatbed segment is already showing signs of weakening due to easing in manufacturing and industrial activity. Trailers orders for the past 12 months now total 356,000 units.
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FTR has served as the industry leader in freight transportation forecasting in North America for the shipping, trucking, rail, intermodal, equipment, and financial communities for over thirty years. Our team of experts have over 250 years of combined experience in the transportation industry and leverage that knowledge to provide quantitative analysis with historical and modal-specific insights. The reports, data, commentary, and insights that FTR provides help our clients evaluate market risks, identify new opportunities, and make informed decisions.
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