BLOOMINGTON, Ind. — FTR Intel reported January 23 final December net trailer orders of 34,000 units, down 5 percent from November but up 35 percent from the same month last year. Total orders for the year were 228,643, a 27.6 percent decrease from the 2015 total of 315,961.
December trailer orders were led by good dry van and refrigerated trailer numbers, FTR reported. Most vocational trailer segments showed a healthy increase as well, and backlogs rose significantly, to the highest point since June. Production fell due to the holidays but was much better than expected.
“December was another very solid month for trailer orders,” said Don Ake, vice president of Commercial Vehicles at FTR. “Dry vans are regaining some momentum after the summer slump and backlogs are in good shape starting the year. Refrigerated vans had a great order month, with production actually increasing in December. There was also good news in the vocational segments with order increases, which should lead to production increases fairly soon.”
“The trailer market is in decent shape entering 2017. Dry vans look solid for the first half of the year. Refrigerated vans are not slowing down much after two record years. It appears that flatbeds and other work segments have bottomed out and will start to improve. In addition, the positive direction of the trailer market is a good sign for continued economic growth this year.”
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