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Orders for New Trailers Off 30% for March, 36% Year Over Year

April 25, 2016 By: Trucking News Staff Tags: Fleet Management, News
Orders for New Trailers Off 30% for March, 36% Year Over Year

Trailer net orders fell 30 percent month over month and 36 percent year over year, according to the most recent State of the Industry: U.S. Trailers report for March published by ACT Research Co.

“The 2015/16 order season ended not with a bang but a whimper, not entirely surprising given the dramatic front-loading this order season,” said Frank Maly, director of commercial vehicle transportation analysis and research at ACT.

“Long backlogs helped encourage fleets to make quick decisions and although cancellations increased sequentially, the rise was relatively small and appeared to be a selective adjustment to commitments rather than any widespread movement.”

He added that seasonal patterns project March to be the backlog peak, but this season’s orders came so early that the backlog peak actually occurred in December 2015.