Commercial trailer orders rose 2 percent from July to August, and were up 55 percent from a year ago, ACT Research reports.
Eight of the nine trailer categories tracked by ACT posted year-over-year growth, with only dump truck trailer orders declining.
By The Numbers: U.S. Truck Shipping Costs.
That indicates truckers are replacing aging equipment, said Kenny Vieth, partner and senior analyst with the Columbus, Ind.-based research firm.
Trailer manufacturers increased their per day build rate by 6 percent in August, pushing the backlog of trailer orders down for the first time in eight months.
“The backlog to build ratio now stands at four months and is expected to gradually rise as the seasonally strong order months of October through March approach,” Vieth said.
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