“The industry order board has reached a level not seen in almost 20 years,” said Frank Maly, Director – CV Transportation Analysis and Research at ACT. “The last four months of 2014 all rank in the top 10 net order months in history. As we look forward into 2015, strong orders, long backlogs, solid freight volumes, a healthy economic outlook, an old fleet, and rising trucker profitability have combined to lay the groundwork for the best trailer market since the late 1990s.”
ACT is a publisher of new and used commercial vehicle 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.
Source: ACT Research
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