Trailer Orders Fall for Second Month, but Backlogs Continue Growing

Total U.S. trailer net orders fell 9% during May, the second consecutive monthly decline for the industry, accord to ACT Research. Despite that decline, commercial trailer backlogs continued to grow, ending the month at 102,500 units, up 1% from April.

ACT also noted that build was up 87% from May 2010, while industry backlog was up 122% for the same time period.

“The decline in April net orders was actually in line with what would be expected from normal industry patterns,” said Frank Maly, director CV Transportation Analysis and Research with ACT. “The order board continues to appear solid, as supported by extremely low order cancellations. Fleets have taken their positions in OEMs’ production plans and, so far, are maintaining those commitments.”

Printer Friendly Version
Email This Story
RSS
Bookmark and Share

Industry : Related News

6/29/2011 – Odyssey Logistics Technology Acquires Capital Transportation Solutions

Odyssey Logistics Technology Corporation acquired Capital Transportation Solutions, a non-asset-based third-party logistics provider specializing in less than truckload transportation management….
More

6/29/2011 – Trailer Orders Fall for Second Month, but Backlogs Continue Growing

Total U.S. trailer net orders fell 9% during May, the second consecutive monthly decline for the industry, accord to ACT Research….
More

6/29/2011 – Carriers Report Increase in Rates in Second Quarter

Eighty-three percent of carriers reported average rate increases in the recent Second Quarter Business Expectations Survey by Transport Capital Partners….
More

6/27/2011 – U.S. Cargo Theft Report: Theft Down March to May YoY

Cargo theft appeared to be down somewhat for the three-month period of March, April and May compared to last year, according to FreightWatch International, although the May numbers for two of the most highly targeted states are still pending….
More

6/23/2011 – Driver Turnover Rises in First Quarter

Turnover for longhaul truck drivers increased in the first three months of 2011, according to American Trucking Associations’ latest Trucking Activity Report….
More

6/22/2011 – Carriers’ Plans to Add Capacity Remain Unchanged for Four Quarters

The recent Second Quarter Business Expectations Survey by Transport Capital Partners found the carriers’ responses were essentially unchanged for the last four quarters on capacity plans….
More

6/20/2011 – Heavy Duty Order Backlog Continues to Grow


North American Class 8 net orders, while below April’s overheated intake, were still 77 percent about the same month last year, continuing to fuel growth in the industry backlog….
More

6/17/2011 – PTDI Revises Training Standards

The Professional Truck Driver Institute (PTDI) has revised its standards for entry-level drivers and driver training courses. Revisions include ease of use, updated terminology, more flexible standards, and inclusion of advancements in technology….
More

6/16/2011 – ATRI Updates Costs of Trucking Report: Drivers, Fuel Largest Expense

The American Transportation Research Institute released the findings of its 2011 update to An Analysis of the Operational Costs of Trucking….
More

6/15/2011 – Stage is Set for Long Run-Up in Class 8 Vehicle Demand

Despite some recent easing in freight growth and a softening in the path of the U.S. economy, demand for commercial vehicles continues to be strong….
More

6/15/2011 – Spot Market Freight Index Sets Record

TransCore’s North American Freight Index marked the fifth consecutive month with the highest same-month spot market freight availability in its 15-year history, up 10 percent compared to one year ago….
More

6/9/2011 – Jeremy Heiderscheit Captures Best in Show at Shell Rotella SuperRigs Judging

Amid high spirits and bright sunshine, Jeremy Heiderscheit of Peosta, Iowa, hauled in Best in Show honors with his blue and white 2003 Peterbilt 379 at the 29th Shell Rotella SuperRigs held at the Kenly 95 Petro in Kenly, N.C….
More

6/7/2011 – FTR’s Trucking Conditions Index Fell in April

The April Trucking Conditions Index from industry forecaster FTR fell to a reading of 7.57 from a March reading of 13.30….
More

6/7/2011 – Net Orders for Heavy Duty Commercial Vehicles Remain Strong in May

A preliminary reading of net orders for heavy duty Class 8 commercial vehicles in North America fell from April’s high water mark, but remained strong, according to ACT Research….
More

6/3/2011 – Cargo Theft A Greater Concern Than Terrorism For Supply Chain Future

Cargo theft is a major concern for an overwhelming majority of supply chain professionals, far higher than terrorism, according to the annual supply chain survey by FreightWatch International, a global logistics security solutions provider….
More

6/3/2011 – Michigan Companies Back From the Brink Discuss Lessons Learned

At the Mackinac Policy Conference, Charles “Chip” McClure, chairman, CEO and president, Meritor, Inc.; Richard E. “Dick” Dauch, co-founder, chairman and CEO, American Axle Manufacturing; and Michael E. Duggan, president and CEO, Detroit Medical Center, led a discussion titled “Improving Michigan’s Economic Environment: Lessons from Business Leaders.”…
More

6/2/2011 – March North American Surface Trade Reached Record $80 Billion

Trade using surface transportation between the United States and its NAFTA partners was 15.6 percent higher in March 2011 over March 2010, reaching $80.8 billion, according to the Bureau of Transportation Statistics….
More

6/1/2011 – TIPS Results for Q1 2011 Released: Insurance Rates Stabilizing

NIP Group released the results of the Transportation Insurance Pricing Survey for the first quarter of 2011, saying insurance rates appear to be stabilizing….
More

6/1/2011 – NFI Acquires West Coast Operation of The Gilbert Company

NFI has acquired the West Coast operation of The Gilbert Company. It is the second acquisition NFI has made this year….
More

5/31/2011 – Commercial Trailer Order Backlog Grows Despite Falloff in Order Activity

Commercial trailer backlogs reached 101,244 units in April. While backlogs grew during the month, net orders posted a 30 percent decline from the previous month, according to ACT Research….
More

5/31/2011 – ATA Predicts a Good Decade Ahead for the Trucking Industry

American Trucking Associations predicted a bright future for the trucking industry in its Freight Transportation Forecast to 2022.

Following the worst recession in the post-war era, the economy and freight transportation are finally growing again. In the forecast report, the ATA said the trucking has a good decade of growth ahead. …
More

5/27/2011 – Reefer Freight Up 7 Percent Last Week

Last week’s refrigerated van freight rose 7 percent last week over the previous week on TransCore’s DAT Network of load boards in response to seasonal produce demands. Dry van and flatbed freight rose 0.5 percent over the previous week,…
More

5/24/2011 – Spot Market Truck Capacity Hits Highest Levels in Six Months

For the week ending May 14, spot market truck capacity recorded the highest volume for a single week in the past six months as truck availability increased 8 percent nationwide on TransCore’s DAT Network of load boards….
More

5/24/2011 – Joplin Tornado Kills 116; HOS Rules Lifted in Response; Non-Emergency Vehicles Barred from Entry

[CORRECTED]

A tornado that devastated Joplin, Mo., on Sunday evening killed 116 people, tying for second deadliest in the United States since the National Weather Service began keeping records in 1950. About 18,000 of the city’s population of 50,500, 35 percent, are without power, leading state officials to ask truckers and other travelers to avoid fueling up in the area….
More

5/23/2011 – Mack to Increase Production, Hire 300 at Pennsylvania Plant to Meet Increased Demand

Mack Trucks announced that due to increased demand for the Mack Pinnacle, the company will boost production at its Macungie, Pa., truck plant in August and hire approximately 300 people to support the increase….
More

5/23/2011 – 3PL Market Growing Strong


Most third-party logistics providers got back on track in 2010 and are sprinting in 2011, according to a new report released by Armstrong Associates….
More

5/19/2011 – Heavy-Duty Order Backlog Reaches 55-Month High

North American Class 8 orders totaled 38,100 units in April, according to ACT Research. This was up more than 31 percent from the level set in March and over 157 percent above previous year….
More

5/18/2011 – Trucking Makes Special Delivery for Charity

The trucking industry, through a partnership of the American Trucking Associations and Good360, delivered life’s essentials to two charities in the Lewisburg, W.V., area….
More

5/17/2011 – TransCore’s North American Freight Index Dips in April Due to Extreme Weather

TransCore’s North American Freight Index showed a 14 percent decline in spot market truckload freight volume for the month of April compared to March, but a 12 percent increase compared to April 2010….
More

5/16/2011 – FTR Shippers Condition Index Falls Significantly

FTR Associates’ Shippers’ Condition Index as reported in the firm’s May Shippers Update fell significantly to a reading of -11.4, reflecting tightening capacity and accelerating transport costs….
More

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.