Trailer orders fall from strong April numbers

Orders for new trailers fell 30 percent in May from April, according to data released this week by ACT Research. The firm says, however, the drop was due more to a very strong April rather than a weak May, as the 15,660 orders in the month was “more in line with seasonal expectations,” ACT says.

Also, order cancellations were a “non-issue for the industry” despite an increase from April, says ACT’s Frank Maly, director of commercial vehicle transportation.

“It was evident that some fleets reassessed their commitments for the second half of the year, since cancellations were at 7.9 percent of new orders,” he said.

The drop in orders in May should not be a concern, Maly said, as the industry is past prime order season. Moreover, net orders were only down 1 percent from the same month in 2012.

From our partners

Hot Topics: The Future of Natural Gas Lubricants

With engine technologies continuing to evolve and upcoming regulations set to impact the trucking market in the next few years, it’s no wonder that fleets…