COLUMBUS, Ind. — Following a modest pullback in November, the trailer industry closed 2012 on a strong note as December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels, according to ACT Research.
New orders rose 38 percent month over month from November to 31,586 units.
Trailer shipments for the full year were up almost 13 percent.
“The fact that orders strengthened in the face of the fiscal cliff speaks to the strength of underlying trailer demand and the ongoing health of trucking fundamentals,” said Frank Maly, Director-CV Transportation with ACT Research. “We believe that rising consumer and business confidence will bode well for continued strength in trailer demand in 2013.”
ACT is the worldwide leading publisher of new and used commercial vehicle (CV)
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.
The Trucker staff can be reached to comment on this article at firstname.lastname@example.org.
Find more news and analysis from The Trucker, and share your thoughts, on Facebook.