ACT Research: March Net Trailer Orders Up 45% Y/Y, Fourth Straight Month with a Positive Y/Y Comp

Posted on 17. Apr, 2017 by in Press Releases

ACT’s preliminary estimate for March net trailer orders is 21,500 units. Final March volume will be available later this month. Our methodology allows us to generate a preliminary estimate of the market that should be within +/- 3% of the final order tally.“Commitments have been delayed this order season, as fleets carefully monitored economic conditions and watched the political winds to determine their confidence regarding capital expenditures. Their shift from caution to a more optimistic outlook is evident when you consider net order volumes in each of the last four months has surpassed the same month of the prior year,” said Frank Maly, ACT’s Director CV Transportation Analysis and Research. “While the 20% decline in net orders from February was a bit more than anticipated, March net orders were up a very solid 45% versus last year. The majority of that strength came from dry vans, which were roughly double last year’s level.”

He added, “The order season normally starts strong in late summer/early fall and closes the first quarter at a more moderate pace. This order cycle has proceeded in almost the opposite pattern. In fact, the longer-term perspective shows the total net orders booked from last September through March is now almost equal to the 2015/2016 order cycle volume.”

ACT is the recognized 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 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. For more information on ACT, please go to http://www.actresearch.net

Media Contact:
Donavan Gerken
812-379-2085
dgerken@actresearch.net