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October trailer orders down from 2023

Nov 22, 2024 at 04:14 PM CST

U.S. trailer orders improved month-over-month in October but remained below October 2023 levels, according to the latest reports from ACT Research and FTR Transportation Intelligence.

ACT reported an increase of 4,800 units from September to October, but its October tally of 16,900 units is down 52% year-over-year. A seasonal adjustment at this point in the annual order cycle lowers October’s tally to 12,300 units, but that’s about 16% above September’s seasonally adjusted intake, ACT added.