Orders for new trailers rose roughly 30 percent from September to October, totaling 24,707 units in the month, says a report from ACT Research. Dry vans accounted for much of the push, says Frank Maly, ACT’s director of commercial vehicle transportation.
“Another welcome move for the industry was the gain in backlogs, the first backlog increase since April. Quotation activity is reportedly strong, suggesting that peak order season should unfold as expected over the coming months. Rising orders and subsequent backlog gains through Q1 will sustain the industry though the period of soft orders that should begin in late Q2,” Maly says.