Trailer orders overall now total 253000 units for the past twelve months with backlogs falling 7 and remaining 15 below last yearrsquos levels while production is up 3 from April on a per day basis FTR said Photo Sean KilcarrFleet Owner

Trailer orders down in May but remain strong overall

June 19, 2017
FTR noted that data still indicates 2017 will be a good year for the trailer market.

According to data tracked by FTR Transportation Intelligence, net trailer orders for the month of May totaled 16,600 units, down 17% month-over-month but continuing to show strong year-over-year comparisons, as that’s up 26% versus May 2016. 

“This was a very typical month for the trailer market.  Business activity met expectations, with few surprises,” noted Don Ake, FTR’s vice president of commercial vehicles, in a statement.

“Refrigerated trailers appear to be weakening a bit faster than expected, but sales had been so strong, for so long, this had to happen eventually.  The vocational non-van segments have stabilized and continue to make a moderate recovery,” he added.

May marked the start of what Ake called a “typical seasonal decline” in trail orders after two months of stronger than expected activity. Most segments experienced month-over-month reductions, except for liquid tanker units and lowbed trailer orders, each of which had small increases. 

Trailer orders overall now total 253,000 units for the past twelve months, with backlogs falling 7% and remaining 15% below last year’s levels, while production is up 3% from April on a per day basis, Ake said.

“It still looks like a great year for the trailer market,” he explained. “Replacement demand remains vibrant in the dry van segment and steady in the other segments. The expected increase in freight volumes is creating expansion demand in many segments [and] this should provide decent market momentum rolling into 2018.”
 

About the Author

Fleet Owner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Cristina Commendatore, Executive Editor

Scott Achelpohl, Managing Editor 

Josh Fisher, Senior Editor

Catharine Conway, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...