Although orders were slower in December, ACT Research Co. claims 2015 was the trailer industry’s best shipment year in history, barely edging out the previous record that was set back in 1999.
According to the most recent State of the Industry: U.S. Trailers report, published by ACT Research, December’s trailer net orders fell 31 percent month over month and 38 percent year over year.
However, Frank Maly, director of commercial vehicle transportation analysis and research at ACT, “The solid order season continues for this segment of the commercial vehicle industry.
“Two factors impacted December’s orders — the continued front-loading of the order season, along with market headwinds from freight rates and volumes that had already been reflected in Class 8 order levels. Softness in dry vans and reefers were responsible for the poor order comparisons, as large fleets took an early order board position,” Maly said. “So December was not that surprising.”
Maly added, “We start 2016 with the best order board in more than 20 years. While the remaining months of the 2015-16 order season may be somewhat lackluster on a year over year basis, there is still enough momentum for 2016 to be a solid year for industry shipments, although volume is projected to trail the 2015 record.”