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January Trailer Orders Fall to Normal Range

02.23.15


FTR reports January 2015 U.S. Trailer net orders were 27,300, similar to the same month a year ago. The market returned to a more normal order rate after the blazing pace of the past three months.  Business still remains strong with orders exceeding 360,000 for the past twelve months.  Cancellations did increase as fleets evaluate their requirements at the beginning of the year.

Dry and refrigerated van along with flatbed orders all fell somewhat in comparison with Q42014.  Build rates remained steady for dry vans in January with per day increases at flatbed manufacturers and slightly lower reefer build rates for the month.   Tanker orders fell off markedly with high cancellation rates as well.  Overall the trailer build for the month was consistent with previous line rates.


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 remains very vibrant.  The van OEM’s are finishing up filling Q3 production.  Many Q3 orders remain speculative, but fleets are optimistic about 2015.  Cancellations were up, but that often happens at the beginning of the year when fleets take a closer look at their requirements.  With backlogs very high, order patterns should start to follow a more traditional pattern."  


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.