Net orders of commercial trailers rose to 22,915 in December, a 7 percent increase over a strong November, according to ACT Research Co.
ACT also reported that December factory shipments were up 12 percent from November and up 69 percent versus December of last year.
In the latest release of “State of the Industry: U.S. Trailers,” ACT noted the surge in net orders has been broad based. Seven of the nine trailer categories reported triple digit year-over-year increases in December, led by a 417 percent gain in the dry van segment, the largest trailer market. For the full year, commercial trailer factory shipments rose 52 percent while net orders rose by 105 percent.
“Comparatively speaking, 2010 was a good year for the commercial trailer industry as factory shipments rebounded by 52 percent,” said Kenny Vieth, president and senior analyst with ACT Research. “However, the fact that even with that increase, 2010 was the second worse year for factory shipments since 1983, clearly shows how bad 2009 was. The good news is that orders have ramped up nicely in the last quarter and set the stage for strong growth in 2011.”
Printer Friendly Version
Email This Story
RSS
Industry : Related News
1/27/2011 – Trailer Orders Continue to Climb
Net orders of commercial trailers rose to 22,915 in December, a 7 percent increase over a strong November, according to ACT Research Co….
More
1/27/2011 – Used Class 8 Sales Rebound in December
Sales of used heavy-duty commercial vehicles increased 21 percent in December on a month-over-month basis, according to ACT Research Co….
More
1/26/2011 – Canadian Trucking Chief Calls for End to War on Trucks in Urban Planning
“It is incredible that so many urban communities that are wholly dependent upon trucking to deliver the consumer goods and necessities of life can be so decidedly anti-truck.” So said David Bradley, the president and CEO of the Canadian Trucking Alliance,…
More
1/25/2011 – Spot Freight Up Year-over-Year in December; Reefer Rates Down
In December 2010, TransCore’s market research shows a 55 percent increase in spot market freight availability, compared to December ’09. Freight volume for each of the last six months has surpassed the highest level since 2005, a peak year for spot market volume….
More
1/20/2011 – December Truck Orders Highest in Four and a Half Years
December net orders of heavy-duty Class 8 commercial vehicles for North American markets were 27,044 units; up 128 percent year-over-year, according to ACT Research Co….
More
1/20/2011 – TransCore Shows Unseasonably Strong Loads and Capacity
Both truck loads and truck capacity increased on the spot freight market last week….
More
1/18/2011 – Volvo Trucks Delivers Safety Technology to America’s Road Team
The America’s Road Team has an important new asset in its campaign for truck safety: a Volvo VN 780 equipped with the company’s leading safety technologies — and Volvo’s No-Regen Selective Catalytic Reduction (SCR) technology….
More
1/11/2011 – Proposed Accounting Changes Would Affect Truck Leasing
Reforms put in motion after the financial scandals of Enron, WorldCom and others nearly a decade ago will likely soon have an effect on fleets that lease their trucks rather than buying….
More
1/11/2011 – Museum Seeks Help Relocating USAir 1549 Wreckage from New Jersey to Charlotte
If any heavy haulers have a few days and a truck to spare, here’s a chance to haul into the history books….
More
12/29/2010 – Economy, Regulations, Top Most Important Trucking Stories of 2010
To help us pick the top trucking-related stories of the year, we looked at what we covered, what articles were the most-viewed on Truckinginfo.com, and the top concerns of the industry as ranked by an annual industry survey….
More
12/17/2010 – The Scully Companies, Inc. to be Acquired by Ryder System
Ryder System, Inc., has reached an agreement to acquire the full service lease, contract maintenance, commercial rental and dedicated contract carriage businesses of The Scully Companies, Inc….
More
12/14/2010 – ACT: Transportation Trends Producing Stronger Demand for Trucks
Demand for both heavy-duty (Class 8) vehicles and commercial trailers will drive significant production gains for North American OEMs in the next two years, says ACT Research….
More
12/13/2010 – Trucking Restrictions Lifted To Mitigate Freeze Damage to Crops
Florida Agriculture Commissioner Charles Bronson has alerted the state’s agricultural producers that highway restrictions have been eased so that they can quickly harvest and transport crops that are vulnerable to the freezing weather expected to blanket Florida early this week….
More