June commercial trailer net orders increase 103 percent from last year, according to the market analyst at ACT Research Co.
In the latest release of State of the Industry U.S. Trailers, ACT noted that dry van orders had a very strong June. The segment was hit hard in 2009 and June is considered a seasonally slow month for trailer orders.
Year-to-date, dry van net orders rose 164 percent. Reefer van net orders, which stayed rather constant during the recession, are up 5 percent on a year-to-date basis.
"Truckload carrier profitability is the key to improved orders of commercial vehicles," said John Burton, vice president with ACT Research. "Initial reports from publicly traded truckload carriers are confirming the healthy rebound we have been sensing in the trucking sector. With capital expenditures muted the past two years, carriers are beginning to show some profits and are reinvesting in their fleets."
If you need help with truck factoring, contact TBS Truck Factoring, LLC, by calling 800-207-7661.