Trailer Orders Down in December
ACT Research reports that preliminary trailer net orders closed on a softer note in December.
ACT Research reports that preliminary trailer net orders closed on a softer note in December.
Supply-chain difficulties, COVID, inflation, high energy prices, robust freight and rates, and public policy continue to impact the heavy-duty outlook.
Preliminary reports show trailer net orders rebounded in November, as some OEMs began to further solidify their 2022 production plans.
Component and material availability and staffing continue to be a significant problem for trailer manufacturers.
October preliminary net trailer orders were down approximately 40% from September and off 70% from last year’s peak order month.
According to the North American Commercial Vehicle OUTLOOK, commercial vehicle production forecasts have been trimmed again.
While the US economy and commercial vehicle demand remain strong, so do the constraints that have been hampering production.
According to the ACT Research Trailer Components Report, trailer manufacturers are struggling with supply chain and staffing issues.
Preliminary reports show trailer OEMs posted 11,100 net orders in June, 20% above May orders, but 19% below the same point last year.
ACT Research’s mid-year 2021 indicators for the economy, freight, and equipment utilization remain strong.
Trailer OEMs posted 8,800 net orders in May, off 39% versus April, but almost 170% better than the COVID-impacted level last year.
US trailer orders for April 2021 fell nearly 52% from March but rose more than 3600% compared to the severely COVID-impacted April of 2020.
March 2021 net US trailer orders grew more than 13% from the previous month and rose 252%-plus compared to March of 2020.
According to ACT Research’s U.S. Trailers report, preliminary info for October indicates that US trailer orders are up 6% from September.
The ACT Research North American Commercial Vehicle OUTLOOK has upgraded cycle forecasts across-the-board again in October.
ACT Research reports that U.S. trailer orders of 13,441 units were a significant improvement from May’s very low trailer order totals.
According to ACT Research’s State of the Industry US Trailers Report, March US trailer orders were down month-over-month and 51% below the previous year.
New US trailer orders of 16.8k were down 9% month-over-month in January, and after accounting for cancellations, net orders of 15.0k dropped 15%.
ACT Research Seminar 62 will focus on the U.S. economy, new and emerging technologies, gaining overviews of the current truck and trailer markets, and more.
ACT’s preliminary estimate for November indicates that trailer manufacturers booked 19.5k net orders last month, a 39% decline from October’s volume.