“Dry van monthly trailer orders hit their lowest total in over five years in May after recording the highest volume in over five years last September. Durable goods orders, excluding transportation, are also trending lower for the first time since 2014-15. Dry van orders indirectly report the health of the trucking industry and subsequently the freight market. When carriers are doing well they have more money to invest in growing their fleets and trailer pools for servicing customers. Over the last few months, the orders for the items that fill most of those trailers, durable goods, have stalled.” – According to the article in freightwaves.com and its author Zach Strickland

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Source and credits: freightwaves.com / Zach Strickland, FW Market Expert & Market Analyst