Trucking Industry Predicts Rise in Trailer Build Numbers in 2023 and 2024

Key Take-Aways:

  • ACT Research analysts predict increased trailer build numbers in 2023 and 2024.
  • However, there are concerns as the rebalancing of the freight market is taking longer than expected.
  • Class 8 2023 build backlogs are expected to continue declining.

According to analysts at ACT Research, the trucking industry can expect to see a rise in trailer build numbers in the upcoming years. This is positive news for manufacturers and the industry as a whole. However, there are some concerns on the horizon. The rebalancing of the freight market is taking longer than anticipated, which could pose challenges for the industry.

In addition, the build backlogs for Class 8 trucks in 2023 are expected to continue declining. This means that manufacturers may not have as many orders to fill as they had hoped. While this may be disappointing for some, it also demonstrates that the industry is still in the process of finding its footing after the disruptions caused by the pandemic.

Overall, while there is optimism for increased trailer build numbers in the coming years, the trucking industry needs to remain vigilant and adaptable. The road to recovery may be longer than initially expected, but with the right strategies and adjustments, the industry can continue to thrive.

Key Take-Aways:

  • ACT Research analysts predict increased trailer build numbers in 2023 and 2024.
  • However, there are concerns as the rebalancing of the freight market is taking longer than expected.
  • Class 8 2023 build backlogs are expected to continue declining.

According to analysts at ACT Research, the trucking industry can expect to see a rise in trailer build numbers in the upcoming years. This is positive news for manufacturers and the industry as a whole. However, there are some concerns on the horizon. The rebalancing of the freight market is taking longer than anticipated, which could pose challenges for the industry.

In addition, the build backlogs for Class 8 trucks in 2023 are expected to continue declining. This means that manufacturers may not have as many orders to fill as they had hoped. While this may be disappointing for some, it also demonstrates that the industry is still in the process of finding its footing after the disruptions caused by the pandemic.

Overall, while there is optimism for increased trailer build numbers in the coming years, the trucking industry needs to remain vigilant and adaptable. The road to recovery may be longer than initially expected, but with the right strategies and adjustments, the industry can continue to thrive. So buckle up, trucking industry, and get ready for a bumpy but exciting ride ahead!



This blog post has been generated using the information provided in the article:”Higher Trailer Build Forecast, Class 8 Backorders Easing” by “News/Media Release”.

Check it out at: https://www.truckinginfo.com/10204659/act-research-higher-trailer-build-forecasted-class-8-backorders-will-continue-to.

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