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Trailer orders in March surged above 37,000 to the highest level since December 2020 amid some supply chain relief, ACT Research reported, citing trailer makers’ preliminary data soon to be finalized.
Orders hit 37,900 and were 28% higher than the 29,910 net orders from a year earlier, according to ACT, which pointed out various order acceptance strategies.
Some trailer makers noted their extremely low order volume was the result of a “sellout” of their projected available production slots for the remainder of the year, Frank Maly, director of commercial vehicle transportation analysis at ACT Research, said in a release.
“Others, accepting higher order volumes, were in the process of filling their remaining production capacity for 2022,” Maly said.
Final figures for the month likely will reveal total industry backlog now stretching into December at current production rates, ACT noted — heavily influenced by dry van and reefer commitments that basically fill the trailer makers’ year.
But ACT found no official willingness among trailer makers to open up 2023 to orders, given ongoing uncertainties about pricing. — Transport Topics
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