Demand is still expected to drop off as the summer wraps up.
While trailer orders declined month-over-month July, according to the latest data, and are expected to keep dropping in August, the year-over-year trend is far stronger – with orders expected to pick back up starting in September.
Research firm FTR Transportation Intelligence said its data indicated final July net trailer orders reached 13,400 units, falling 29% when compared to June’s number.