2022 trailer orders could set records
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Jan 14, 2021
Year-end trailer orders have boosted backlogs from a low point in July during the throes of the pandemic.
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Trailer orders ended 2020 on a high note, reaching 41,700 units in December, according to preliminary data from FTR.
Order activity last month was up 6% month-over-month and 155% from December 2019. For the full year, ACT Research estimated a net order volume of more than 288,000 trailers, which would put 2020 about 40% better than 2019.
The order volume for October through December was the highest ever for a fourth quarter as fleets continue to order dry and refrigerated vans for delivery throughout 2021. Don Ake, FTR vice president of commercial vehicles, said consumer-oriented freight growth continues to rise and that should continue, prodded by the second government stimulus and potentially a third.