Trailer outlook

Two trucking research firms on June 14 reported differing trailer order. They agreed on the market conditions influencing the ups and downs of trailer manufacturing with so much ongoing supply chain uncertainty. Trailer orders for the past 12 months have totaled 250,000. Until next year’s order boards open, the limited availability of build spots in the second half of the year will continue to restrict new trailer orderс. As production continues to be limited by both structural and dynamic complexities in the global and domestic supply chain, we have seen modest improvements.

The possibility of further disruptions could result in modest adjustments to second-half build plans. Under these conditions, OEMs are still proving that they can overcome headwinds and keep production at consistent levels, while also carefully and strategically managing their backlog. Despite economic and supply chain uncertainties, freight growth remains strong. This growth will continue to drive robust fleet replacement demand.

Тhere is reluctance to push the order board horizon into next year. That said, active negotiations, the calendar inching toward a 2023 opening. The new capacity scheduled to come online in the near future could explain this month’s preliminary report. It’s also worth mentioning that last year’s May net orders represented the lowest monthly volume since 2020.

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