Trailer orders down in July but up from last year

Trailer orders down in July but up from last year.
Trailer orders down in July but up from last year.
According to FTR, a freight-industry research firm, U.S. trailer net orders have amounted to 20,400 units for July 2015, which is below the total for June but also higher than the total for July 2014.

The sum from July is 24 percent less than the total from June 2015 as well as 13 percent more than July 2014. As of today, U.S. trailer orders have amounted to 335,000 units during the last 12 months.

This decline in trailer orders is attributed to the effect of a drop in dry-van orders, which some large fleets had place orders for in June 2015. Dry-van orders were lower in July 2015 but still good considering their seasonal basis. Refrigerated van orders have surpassed expectations for the month.

Now there are hints that specific trail segments, including tankers and flatbeds, are decreasing in sales. Alternatively, dump trailers, dry vans and refrigerated vans still maintain strong sales.

As of today, experts have reported that the overall market appears to be stable at the moment.

“We have indications that the market is peaking, but there is no evidence that it is going to drop significantly next year -- it looks like a soft landing in general,” Don Ake, vice president of commercial vehicles at FTR, said. “However, certain trailer segments are being hard hit by the pullback in the energy industry and weaker manufacturing.”

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