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Chris Kemmer, Consultant
CK Marketing & Communications
Ryan Beall, Business Development Manager
888-988-1699 – Ext. 46
FOR IMMEDIATE RELEASE
FTR Reports September 2015 Trailer Orders Beating Expectations
Bloomington, IN (October 22, 2015) FTR reports September 2015 U.S. Trailer net orders were 34,700, significantly above expectations. The order total for the month was 48% above August and improved 8% from a year ago. Trailer orders have now totaled 338,000 for the past 12 months.
Dry Van orders were very healthy, 11% higher y/y; Refrigerated Van orders were also strong, exceeding 5,000 units for the first time since September. Liquid tank orders were solid, but other trailer segments are still showing some weakness: flatbed orders stopped their recent fall but were still down 39% y/y. Dry tank and dump trailer orders were weaker than expected. Overall trailer build for the month was flat versus August.
Don Ake, FTR Vice President of Commercial Vehicles, commented, “The fall order season starts off with a bang. The dry van and refrigerated van segments are running at record levels and show no signs of slowing down at this point. However, based on what is happening on the truck side, the trailer market must ease up at some point. It is significant that orders are up in September over last year. While we don’t expect to come close to matching the record order amounts of 2014Q4, the trailer market is in great shape heading into 2016. This is a fantastic start to the traditional order cycle, and it is consistent with our forecast for a ‘soft landing’ next year.”
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For more than two decades, FTR has been the thought leader in freight transportation forecasting in North America. The company’s national award-winning forecasters collect and analyze all data likely to impact freight movement, issuing consistently reliable reports for trucking, rail, and intermodal transportation, as well as providing demand analysis for commercial vehicle and railcar. FTR’s forecasting and specially designed reports have resulted in advanced planning and cost-savings for companies throughout the transportation sector.