April Trailer Orders Rise 20.2%
Daniel Acker/Bloomberg News
Trailer orders rose 20.2% in April as demand for new equipment continued to surpass year-ago levels, ACT Research reported.
U.S. manufacturers received 26,389 net trailer orders last month, up from 21,954 in April 2013, ACT said.
However, April’s total declined 10.2% from the 29,373 new orders placed in March as the industry approached the summer months, which are typically slower for order activity.
Through four months, trailer orders have totaled 111,317 in 2014, up 43.8% from 77,395 in the same timeframe last year.