Trailer builders tap the brakes as abnormal order season arrives
Volatile prices for steel and components lead trailer makers to make pricing a last-minute decision.
Volatile prices for steel and components lead trailer makers to make pricing a last-minute decision.
The collision of supply constraints with pent-up equipment demand is pushing some 2021 trailer orders into next year.
Trailer makers have connectivity advancements in the pipeline as they navigate supply shortages hampering production.
Order books are open, but demand planning for 2022 and 2023 began months ago and bookings are filling fast.
As Wabash National streamlines its business, the trailer manufacturer will convert reefer capacity to add 10,000 dry vans in 2023.
Look behind soft June trailer orders for the real story of what’s happening in a constrained equipment market.
The refrain for fleets remained the same for trailer orders in May: Why book what you can’t get?
New trailer orders slid dramatically in April as manufacturers had more dry and refrigerated van bookings than they could build.
Trailer orders edged back toward trend in March, but the crush of orders in recent months leaves manufacturers addled by supply chain issues struggling.
Trailer makers cannot keep up with demand, pushing out delivery times while navigating supply chain bumps.
After four straight months of near-record orders, trailer bookings took a breather in January as some manufacturers slowed taking reservations.
In today’s edition of The Daily Dash, Walmart CEO Doug McMillon talks innovation, sustainability and more in a CES speech. Plus, FMCSA names new members to a safety advisory panel and Navistar plans to close an Illinois plant.
Kevin Hill and Michael Vincent discuss how trailer sales, retail sales and warehouse inventory levels are still high to start the year.
2020 was supposed to be a year when trailer orders dropped after racing ahead of Class 8 tractor reservations. Even with practically no orders in April, annual trailer bookings blew away early-year predictions.
Orders for new trailers dipped in November but the total bookings in the last three months are still the second highest in industry history.
Concern over the supply chain for wood and aluminum components to build new trailers adds to consumer goods-driven demand that pushed equipment orders over 50,000 for a second straight month in October.
Wabash National saw a 37% surge in its backlog of trailers to build from the second to the third quarter as record orders piled in. Third-quarter margins declined but the trailer and last-mile equipment builder was profitable.
Preliminary Class 8 truck orders in North America reached a two-year high in October with more than 40,000 reservations.
In today’s edition of The Daily Dash, OOIDA will back FMCSA in a lawsuit defending hours-of-service changes. Plus, regional carriers could see a strong holiday season and equipment orders are up and that could complicate 2020 rate forecasting.
Carriers are investing in new trailers over tractors during the most recent freight boom. What does this mean for capacity in the future?