FTR reports preliminary trailer orders for June came in at 5,500 units, that’s down 53% from May and 70% year-over-year. Orders fell to the lowest level since September 2009.
Trailer orders for the past 12 months now total 343,000 units.
Don Ake, FTR vice president of commercial vehicles, commented, “Carriers are reluctant to order at this time since commodity and component prices are uncertain due to the tariffs. It would appear that the market is returning to normal ordering cycles, with fleets evaluating their next year requirements during the summer and then starting to place those orders around October.”
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