US trailer orders have decreased significantly since November 2018, with net orders down 37% so far in 2019 compared to the previous year. However, trailer production remains high, as order boards are filled into nearly the end of the year. The lower orders reflect trailer manufacturers being cautious in opening order books for 2020 rather than decreased demand from fleets. Additionally, cancellations have risen recently despite cancellation fees being implemented. ACT Research expects strong trailer production to continue through 2019, but manufacturers may still face issues with components, materials, and staffing.