Trailer orders are on the rebound
A spike in November trailer order activity is the result of large fleets placing 2022 orders. Both ACT Research and FTR report that order activity trailed the same month last year by about
22% and 23%, respectively. Trailer orders for the past 12 months now total 267,000 units, according to FTR. The increase in order activity was mainly a result of large fleets
placing 2022 orders and OEMs having the confidence of entering them into the backlog, FTR reported. “This is great news for the trailer market, Fleets are signaling they will need
considerably more trailers in 2022 to handle the freight growth and relieve some of the pressures in industry capacity and the spot markets. If you are planning on using a freight dispatch
service it is recommended to own a Dry Van or Reefer load for a lucrative business. FTR also pointed out that dry and refrigerated van orders improved. Don Ake, FTR’s VP of commercial
vehicles said that the November orders indicate that progress is being made. When there is enough certainty and confidence about 2022, orders should rise accordingly.”
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