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FTR Reports Trailer Orders Exceed Expectations Again in October

11.20.15


FTR reports October 2015 U.S. Trailer net orders were 32,200 units. The order total for the month was down 7% m/m, and 30% below a year ago, but still beat expectations. Trailer orders have now totaled 324,000 for the past 12 months.

Refrigerated van orders were spectacular in October, showing a 40% improvement over September. Dry van activity was solid, albeit down 22% m/m only due to the comparison against the robust September order activity. Dump trailer orders remain strong. Flatbed orders were at their highest level since March but still down 51% y/y. Tanker orders were weak in October. Over all segments, trailer production was down 8% (per day) versus September.

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


Don Ake, FTR Vice President of Commercial Vehicles, commented, “In spite of the monthly or yearly comparisons, October was still an outstanding month for trailer orders. Strength in the dry van and refrigerated van segments boosted the total. Flatbeds and tanks have really cooled off, however. The dry van orders appear to be “pent-up” demand orders for trailers that were not replaced after the Great Recession. Fleets have money and continue to upgrade their trailers. Freight is weaker, so this is not expansion demand. The refrigerated van market is now expected to remain strong throughout 2016. The large order activity in this segment (a record) was totally the result of large fleets placing their entire 2016 requirements now, in order to reserve production slots.”


The full trailer data is available as part of FTR's North American Truck & Trailer Outlook service. To contact FTR, send an email to [email protected] or call (888) 988-1699 ext. 1.

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.