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Supply Chain Graphic of the Week: Do Falling Truck Trailer Sales Portend Continued Freight Slump?


August Numbers down 40% Year over Year

Sept. 20, 2024

 

Does the sharp drop in recent sales of truck trailers signal more tough times for trucking firms?

As seen in the graphic below from ACT Research, trailer sales have been falling since late 2023, capped by 40% year-over-year fall of 40% in August.

 

“It definitely seems like recovery optimism has been fading,” Brandon Lairsen, vice president of trailer leasing at Transport Enterprise Leasing (TEL), said to Transport Topics magazine, adding that “We’re still seeing growth in our customer base and we’re still actively leasing quite a few trailers. But all of that is really, while its new business for TEL, it’s all replacement units for our customers. So, we’re displacing competitor equipment but it’s not really sustainable.”

Any Feedback on our Supply Chain Graphic of the Week? What do you think of this contributor list? Let us know your thoughts at the Feedback section below.

 

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