The commercial trailer sector ended 2011 on solid footing and is well positioned for the third year of growth in the current cyclical recovery. Net orders for total trailers grew 38 percent year over year, while build jumped 69 percent. This update on industry performance was reported in the latest State of the Industry: U.S. Trailers published by ACT Research Co.
"Following some mid-year sponginess, the trailer industry ended 2011 on a particularly strong note," said Kenny Vieth, president and senior analyst at ACT. "Orders in December were a virtual duplication of November's five-year high, backlogs rose to their highest level this cycle, and cancellations were virtually non-existent. Rising backlogs and low levels of cancellation activity speak to the strength of demand at the start of 2012."
ACT publishes new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market, as well as the U.S. tractor-trailer market and the China CV market.
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