FTR Reports Robust Preliminary November Trailer Orders at 42,600 Units


FTR reports preliminary November U.S. net trailer orders at a fantastic 42,600 units, 34% above good October activity and comparing favorably 19% y/y. The reported order volume for November will boost OEM backlogs which had looked to be weakening at the end of October.  Based on the high November orders, production in 2018 should start at a healthy clip.  Annualized trailer order number are now 295,000 for the past twelve months. 

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Don Ake, FTR Vice President of Commercial Vehicles, commented, “November trailer orders are wonderful news for the industry and for the general economy.  Fleets continue to anticipate the need for more trailers in 2018.  Freight growth has been tremendous in Q4, and we forecast it to remain at least good through the first half of 2018.  We can expect more use of drop-and-hook logistics in dry vans, refrigerated vans and flatbeds as trailer truck productivity is reduced and the driver shortage intensifies.”

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The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service.

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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.