Wednesday, January 17, 2018

U.S. trailer backlog continues to slide


Thursday, October 26, 2017
by THE TRUCKER NEWS SERVICES

A surge in the September trailer production rate resulted in a month-over-month decline in the backlog/build ratio. (Courtesy: GREAT DANE)
A surge in the September trailer production rate resulted in a month-over-month decline in the backlog/build ratio. (Courtesy: GREAT DANE)

COLUMBUS, Ind. — The U.S. trailer backlog continued to slide in September with a decline of 1 percent month-over-month and just above 1 percent year-over-year.

September’s dry van and reefer orders provided support for the overall industry.

“Most vocational categories actually posted year-over-year backlog gains; strong dry van orders generated a sequential gain for that major category as well after a somewhat lackluster August,” said Frank Maly, director, CV transportation analysis and research at ACT Research. “We would expect further improvement in backlog as the order season progresses.”

A surge in the September production rate resulted in a month-over-month decline in the backlog/build ratio.

The industry closed September at a 3.7-month level, using the normal calculations.

“After hovering in the November/December timeframe for the past few months, that finally pushes industry backlog/build into next year,” Maly said. “The robust September build rate artificially reduced the backlog/build horizon; using our production plan, projections generate a 4.1-month measure, which would commit the industry into early February.”

ACT is a worldwide publisher of 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.

ACT’s CV services are used by all major North American truck and trailer manufacturers and their suppliers, as well as the banking and investment community in North America, Europe and China.

For more information on ACT, visit http://www.actresearch.net.

 

 

 

Video Sponsors