Trailer Demand was at All-Time High in December: FTR

Trailer Demand was at All-Time High in December - FTR
Trailer Demand was at All-Time High in December - FTR
BLOOMINGTON, Ind. – Net trailer orders achieved a record-breaking high of 47,000 units in December, as indicated by preparatory information from FTR.
December’s request admission was 10% above November levels and up 38% year-over-year. Add up to trailer orders for 2017 were 308,000 units.
“Armadas are requesting a great many dry vans to manage extraordinarily tight trucking limit pushed to the edge by the ELD order,” FTR revealed. “Cargo keeps on developing without enough hardware to pull it. Bearers are depending on substantially more drop-and-snare to make up for the absence of drivers, and they require altogether more trailers to deal with the request.”
Sections that are especially solid incorporate refrigerated and flatbed. Higher rough costs are likewise restoring tank trailer deals.
“December was only an amazing month for trailer orders,” said Don Ake, FTR’s VP of business vehicles. “We have seen weight expand on hardware markets for a while, and this shows Q1 will be wild as armadas scramble to stay aware of cargo request.”