E-commerce Delivery Demands Contribute to Record Trailer Orders
by Alan Adler, @AlanAdler
November 19, 2018
The delivery demands of e-commerce are contributing to record orders for truck trailers as shippers adopt relay-style trucking to speed freight movement.
But shop-at-home consumers are only part of the reason why manufacturers cannot build enough trailers to satisfy demand.
“Business is stupid good,” said Rob Fortney, director of dealer and international sales for Great Dane, the world’s largest trailer builder, whose nine U.S. plants are running at or near 100 percent capacity.
New trailer orders in September and October set all-time records. Orders were up 55 percent to 350,000 in the first 10 months of the year over the same period in 2017, according to ACT Research.
Replacement orders for aging vans average 230,000 to 250,000 units a year. The rest are in response to new business and threats of higher import tariffs and interest rates, according to industry experts.
The growth in manufacturing as part of an expanding U.S economy is keeping freight orders for construction and building materials and other goods at high levels.
Comments are closed