Trailer orders up in February
Net orders of commercial trailers rose 25 percent to 21,990 in February from January, ACT Research Co. reported.
Meanwhile, factory shipments in February increased 105 percent over the same month last year.
ACT’s State of the Industry: U.S. Trailers shows that all nine trailer categories have posted year-to-date gains for both net orders and shipments year over year. In the dry van segment, net orders through February are up over 90 percent and shipments are up almost 225 percent.
“The ramp-up in orders that we’ve been tracking has continued into 2011. Year-to-date, total net orders are up over 87 percent compared to 2010,” said Kenny Vieth, president and senior analyst with ACT Research. “Shipments are up an even stronger 116 percent when compared to the first two months of 2010. Strong orders and rising backlogs set the stage for solid industry performance during 2011.”