U.S. orders for trailers in April eclipsed 20,000 and posted strong year-over-year gains, analysts said.
The 20,200 total marked an increase of 22% from the 2016 period, ACT Research Co. said, citing a preliminary estimate that will be revised later this month.
April marked the fifth consecutive month of year-over-gains, ACT said, and the seventh consecutive month of orders exceeding 20,000.