ACT Research: Trailer Orders Gain Strength in September
COLUMBUS, IN – Net orders for trailers jumped 11% month over month in September, rising to 16,990 units. That is a seasonally adjusted annual rate of 224,800 units. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“With September having four fewer workdays than August, a month-over-month decline in total trailer build was a foregone conclusion,” said Frank Maly, Director-CV Transportation with ACT Research. “However, the real story was the daily production rate, which jumped to the third best level of 2012. The BL/BU ratio at the end of September was 3.7 months, the lowest level of this recovery. If the normal year-end order flow does not occur, a reduction in production rates will likely be needed in late 2012 or early 2013,” he added.
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. 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, please visit http://www.actresearch.net.