U.S. trailer orders rose a head-snapping 333% in June over May as the improving freight market encouraged fleets to spend money on equipment.
Orders of 13,441 units beat June 2019 by 112% after removing canceled orders, according to ACT Research.
“June was much better than previous months and July is shaping up to be even stronger,” said Sean Kenney, a spokesman for trailer builder Hyundai Translead.
“Many customers have re-engaged and are responding to the current freight environment,” Kenney...
https://www.freightwaves.com/news/trailer-orders-roar-back-in-june