Trailer Orders Soar 43.9%; Strongest June in 15 Years...
Through the first half of 2014, trailer orders have soared 45% to 155,664 from 107,336 last year. That was the best first-half total ince 2006, when the industry accumulated 161,458 orders in the first six months on the way to a full-year total of 286,540.
In comparison, during the low point of 2009, first-half orders were only 42,364.
ACT analyst Frank Maly said tight capacity and the need for replacement equipment continue to drive demand for new trailers.
In addition, “It certainly seems that fleets are starting to add,” he said.[Read More]