FTR Reports Preliminary Trailer Orders for September at an impressive 21,500

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FTR reports preliminary September net trailer orders at 21,500 units, up 47% from August and up an impressive 84% y/y.  Orders met expectations and support the FTR forecast of another strong trailer market in 2018.  Trailer orders have now totaled 275,000 units over the past twelve months, much in line with 2017 production numbers.

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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, “This is great news for the trailer market in 2018. When fleets begin ordering more trailers in September, it indicates the market should be robust the following year.  We expect ordering activity to accelerate in October and stay elevated throughout Q4.  Production rates should stay at higher levels, rolling right into 2018.”.

“Freight expansion early next year will severely strain industry capacity, and fleets will need to add trailers to handle the added loads.  Both the manufacturing and consumer sectors of the economy are healthy right now, and this should lead to increased demand for most trailer segments.  Things look very positive for trailers right now.”

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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.