The trailer industry booked 22,300 net orders in May according to the most recent “State of the Industry: U.S. Trailers” published by ACT Research Co. (ACT).
“May net orders rose 52 percent year over year,” said Frank Maly, Director, CV Transportation Analysis and Research at ACT. “Backlog, build, inventory and shipments were all off from April, but the changes were minimal, all less than 1 percent on a month-over-month basis. This stability provides a solid foundation for the industry as we move into the summer and fall build season,” he added. Maly said that production rates should remain relatively unchanged over the next few months and the orderboard should continue to support the industry to the next order season this coming fall