VIEW CART (FTR Reports Preliminary U.S. Net Trailer Orders for August Provide Positive Momentum with a Jump to 28,700 Units
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FTR reports that preliminary U.S. net trailer orders for August jumped 49% m/m to 28,700 units, the strongest activity since last October. August orders were 174% above the same month during the previous year, with trailer orders for the last twelve months now totaling 191,000 units.
Dry van orders were particularly robust, with refrigerated vans also displaying strength. Flatbed orders improved from July but remain sluggish, as industrial freight continues to lag consumer freight. Backlogs are expected to rise to near pre-pandemic levels.
Click here to view the latest release and an interactive graph of the Trailer Orders >
“There was significant pent-up demand for van trailers coming out of the economic shutdowns. Now fleets are feeling much more confident about the freight markets and ordering trailers they would have booked in April or May, under normal conditions. There was also pent-up demand at the dealer level, with some dealers reporting record sales volumes for July and August, which are traditionally the slowest months of the year. Dealers now are placing restocking orders much sooner than expected.”
To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1 and follow us on Twitter @FTRintel.
The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service.Click here to view a sample report >
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