Commercial trailer orders reach five-month high in US
Date:2011-11-24 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: New and net trailer orders in October rose to their highest levels since April and May at 19,408 units and 17,384 units, respectively, according to a report from ACT Research. Taking seasonality into account, October's backlog rose a modest 1.5% month-over-month, according to ACT.
"With orders and production in line, there is nothing to suggest an upwards move from current production levels, at least not until we know the outcome of peak season orders," said Frank Maly, director of CV transportation analysis and research with ACT. "Component availability appears to have reached a comfortable equilibrium with current production rates."
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