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FTR Reports Trailer Orders for November Third Highest in History

12.16.15


FTR reports November 2015 U.S. Trailer net orders exceeded expectations for second consecutive month at 39,300 units, the third highest month on record.  The order total for the month was up 19% m/m, and 1% above a year ago.  Trailer orders have now totaled 332,000 for the past 12 months.

Dry van orders for November were exceptional, up 44% m/m and the best since December 2014. Refrigerated vans, while lower than the record numbers experienced in October, remained robust for the third straight month.  Dump trailer orders showed continued strength; and all other segments met expectations, resulting in mostly positive across the board order intake for the month.  Trailer build was up 4% (per day) versus October. 

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


Don Ake, FTR Vice President of Commercial Vehicles, commented, “The trailer market continues to show remarkable resilience entering 2016.  This is the third highest order month ever and some segments aren’t even doing very well.  It is particularly impressive, considering Class 8 demand is faltering and freight growth is slowing somewhat due to the manufacturing slump.  Demand is still strong because the replacement cycle for dry vans remains very favorable.  The recession and slow recovery delayed some replacement demand, and carriers are still modernizing their fleets.  In addition, fleets are being encouraged to place their entire 2016 requirement orders now, due to continuing OEM capacity constraints.”


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.