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Net trailer orders in the United States for January underscored that caution remains a central factor in fleets’ equipment purchasing plans, as orders sank to the lowest total of any January in 10 years, ACT reported.

Net U.S. trailer orders in December fell to just below 18,000, ACT Research reported.

Net orders for U.S. trailers in November fell 56% to just below 20,000, ACT Research reported — putting excess production capacity in the spotlight.

FTR reported preliminary net U.S. trailer orders for November dropped to 20,200 as fleets are becoming more cautious about freight conditions in 2020.

Net U.S. trailer orders in September strengthened to nearly 19,000 compared with weaker tallies during the summer, but still were far below the record year-ago level, ACT Research reported.

Preliminary net U.S. trailer orders for June dropped to the lowest point in nearly a decade, just surpassing 6,000, following heavy cancellations amid concerns over the 2020 freight environment, experts said.

U.S. trailer orders plunged below 11,000 in May to the lowest point in nearly three years, tracking the orders for Class 8 vehicles that plummeted earlier in the month.

U.S. trailer orders in April dropped 40% to 13,200 compared with a year earlier as open production slots in 2019 remained scarce, FTR reported, citing trailer makers’ preliminary data.

U.S. trailer orders in January reached 25,800, dropping 35% compared with a year earlier, according to ACT Research Co.

U.S. trailer orders plummeted to 27,800 units in December, off 40% compared with 45,802 a year earlier, reflecting lengthy backlogs and suddenly cautious fleets, ACT Research Co. reported.