FTR: Trailer orders on the rise in August

U.S. trailer net orders totaled 23,500 units in August, a 15 percent increase from July, according to the latest figures from the freight transportation analyst FTR.

   U.S. trailer net orders in August totaled 23,500 units, a 15 percent jump from the previous month and a year-over-year increase of 1 percent, according to the latest figures from the freight transportation analyst FTR.
   Dry van and refrigerated van were the strongest segments in August.
   U.S. trailer orders totaled 335,000 units over the past 12 months for the second consecutive month.
   August production, which reached a per-day high for the year, was very strong, said FTR, and production in the dry van, refrigerated van and dump trailer segments is currently thriving. However, the flatbed and tanker segments continue to slip in terms of both orders and production.
   “This was another awesome, impressive, month for the trailer industry,” FTR Vice President of Commercial Vehicles Don Ake said in a statement. “August orders were superb on a seasonal basis and production hit a high point for this cycle. We expect things to moderate at some point, but there are few signs of that yet.”