US trailer market to grow 2.2% year-over-year in 2014 to 240,000 units, driven by increases in flatbeds, dumps and low beds as construction, manufacturing improve: FTR
February 7, 2014
– FTR has released their 2014 forecast for the U.S. Trailer Market segmented by trailer type. FTR, for the first time, presents their quarterly trailer forecast individually for dry van, reefer van, flatbed, liquid tank, dry tank, dump, low bed and “other” trailer types. Their total market forecast for 2014 is 240,000 units, a 2.2% increase over 2013. FTR expects dry vans to show a 2% year-over-year increase while reefer vans will remain flat. Flatbeds, dumps and low beds are all expected to show greater increases as construction and manufacturing improve.
“We are applying the same level of analysis, the same skill and the same processes to the trailer market that FTR applies to the truck market. Our truck equipment forecast is the best in the industry. We are off to a great start with our initial segmented trailer forecast and our goal is to continue to refine our models and processes going forward to deliver the most accurate forecasts possible”, said Don Ake, FTR Vice President of Commercial Vehicles.
For more information about FTR’s new segmented U.S. trailer forecast, including a sample excerpt, please e-mail Don Ake at email@example.com.
For more than two decades, FTR has been the thought leader in freight transportation forecasting in North America. The company’s national award-winning forecasters collect and analyze all data likely to impact freight movement, issuing consistently reliable reports for trucking, rail, and intermodal transportation as well as providing demand analysis for commercial vehicle and railcar. FTR’s forecasting and specially designed reports have resulted in advanced planning and cost-savings for companies throughout the transportation sector.