March data support healthy trailer industry, ACT says
The the total trailer industry backlog fell just over 1 percent month-over-month, ACT Reseach reports. Despite incremental softness, the backlog was up 17 percent compared to year-ago levels.
The Trucker News Services
COLUMBUS, Ind. — Net orders for trailers fell 11 percent month-over-month in March, but were almost identical to orders in March 2011, reports ACT Research Co. in the latest State of the Industry: U.S. Trailers.
“Every trailer category posted month-over-month gains in build,” said Frank Maly, director-CV Transportation with ACT Research. “Coupled with the modest drop in orders, the total industry backlog fell just over 1 percent month-over-month. Despite incremental softness, the backlog was up 17 percent compared to year-ago levels.
“Industry backlogs remain supportive of current production levels.”
ACT publishes new and used commercial vehicle industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market. http://www.actresearch.net.
Kevin Jones of The Trucker staff can be reached for comment at email@example.com.
Find more news and analysis from The Trucker, and share your thoughts, on Facebook.