FTR reports August trailer orders seasonally impressive

FTR reports August trailer orders increased 15% compared to the previous month, and 1% compared to August 2014.

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FTR reports August 2015 U.S. Trailer net orders were 23,500 units, up 15% versus the previous month and up 1% from a year ago. Dry Van and Refrigerated Van were the strongest segments, with very high totals for a “summer month” in August. U.S. trailer orders have now totaled 335,000 units over the past twelve months for the second straight month.

August production was robust, reaching a per-day high for the year. Dry Van, Refrigerated Van and Dump trailer production is running extremely hot right now. The Flatbed and Tanker segments continue to cool off in terms of both orders and production.

Don Ake, FTR Vice President of Commercial Vehicles, comments, “This was another awesome, impressive, month for the trailer industry. 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.”