Orders for trailers grew by 11 percent in the month of September on a month-over-month basis, and stood at 16,990 units, according to the figures released by ACT Research. The seasonally adjusted annual rate comes to 224,800 units. This encouraging update on the performance of the industry was published in ACT Research Company’s latest “State of the Industry: U.S. Trailers” report.
Frank Maly, Director-CV Transportation with ACT Research, said: “With September having four fewer workdays than August, a month-over-month decline in total trailer build was a foregone conclusion. However, the real story was the daily production rate, which jumped to the third-best level of 2012. The BL/BU ratio at the end of September was 3.7 months, the lowest level of this recovery. If the normal year-end order flow does not occur, a reduction in production rates will likely be needed in late 2012 or early 2013.”
America is Still in a Recession
ACT is a global publisher of industry data, forecasting services and market analysis for new and used commercial vehicle (CV) segment for the North American market, in addition to the Chinese CV market and the U.S. tractor and trailer market. The CV data services of ACT Research are used by all major North American trailer and truck makers and suppliers, apart from the investment and banking community in North America, Europe, and China.