New and net trailer orders significantly disappointed in September, conflicting with a seasonally anticipated double-digit gain. Net orders posted were 12,993, marking the lowest volume since August 2010, according to the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT).
“September’s weakness is further indication of fleet reticence toward equipment investment,” said Frank Maly, Director–CV Transportation Analysis and Research at ACT.