Wabash still reeling from trailer slump
Trailer maker Wabash National Corp. continues to struggle financially from a nearly 50% market-wide drop in trailer orders that began last year. Lafayette, IN-based Wabash lost $14.6 million in the first quarter on sales of $162 million. It is a 33% decline from the same period in 2001, but an improvement from the $17.7 million Wabash lost in the first quarter last year on sales of $243 million. Wabash