U.S. net trailer orders for March climbed 6.4% month-over-month, reaching 27,400 units, according to preliminary data compiled by FTR. A few large dry van fleets increased their 2021 requirements, noted FTR Vice President of Commercial Vehicles Don Ake, while flatbed and other vocation trailer orders remained steady. Trailer orders for the past 12 months total 346,000. While orders are expected to seasonally moderate in the coming months, several van OEMs are nearly booked solid and order boards for 2022 have not yet opened due to materials and component costs uncertainty. Ake said there have been reports of shortages of flatbed trailers in some regions as the industrial and housing sectors improve. [Related: Truck orders strong as OEMs battle production slowdowns] “Pressure is building up in the trailer market. Backlogs are at record levels and fleets desperately need more trailers," he said. "Capacity is very tight in some areas of the country and spot rates remain near record highs." Production output is expected to have improved in March and orders beat expectations, Ake said, adding the supply chain continues to present challenges. "We expect the supply chain to be better, but not perfect, in the second half of the year, allowing build rates to rise," he said. https://ift.tt/2ytPsnD
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