Trailer and retail sales remain strong in the new year
Preliminary net trailer orders for December broke 40,000 for the fourth consecutive month, which is 155% higher year-over-year. Most orders were for dry van and refrigerated trailers, but flatbed trailers also saw a rebound — a good indicator for the manufacturing industry.
West Coast ports are still seeing huge backlogs of container ships with the Port of LA and the Port of Long Beach having no usable anchorages. Labor shortages at...