Power only and drop trailer solutions provide flexibility for CPG shippers. Class 8 truck and reefer van trailer orders have multiplied over the past several months as a result of reefer and truckload tenders being at or near all-time highs along with extremely tight capacity. These two factors have combined to push reefer spot rates to all-time highs and increase transportation costs for CPG companies.
In November, reefer trailer orders came in at 7,178 which was a 4.96% decrease on a...