DEMAND FOR TRUCK TRAILERS REMAIN SOLID

With 16,800 trailer units having been booked during March, preliminary trailer orders “decreased sequentially and were lower against longer-term comparisons,” though overall demand is solid, according to ACT Research. Jennifer Mcnealy, director of commercial vehicle market research and publications at ACT Research, claims: “orders pulling back in March is a month earlier than normal seasonality would suggest, but near record-level order backlogs are easy to point to in explaining away the earlier-than-expected deceleration.” Read more…