U.S. Trailer Orders in April Decline
During the month of April, U.S. trailer orders were slightly below 9,400 units. Which is a 57% decrease from March of this year, and about a 32% decline year-over-year, according to data from ACT Research.
The dip in April from March was not an unexpected surprise, according to Jennifer McNealy, Director of Commercial Vehicle Market Research at ACT, as many shippers pre-pulled their shipments in anticipation of tariff uncertainty. ACT expects a mild remainder of the year due to full inventories, high interest rates, policy shifts, etc..
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