Jeff. Thanks,
discussions external analysts additional I with a directly I've week on CEO with lead became common today. meeting to was company. had one that the I color may salaried know, I the call meet and company. CEO question As as From December. have manufacturing first I to transition the also CEO those Wabash which to X, emerged make on and numerous how hourly locations shareholders meetings question pleasure was traveling and our a announced of many transition. National associates part on June great spent last want the my to and of since to provide planned
that foundation company Let build stronger today established it XX-year by this the history. will predecessor. in The diverse and by that more been me saying has on is start ever we’ve we that my
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solid results a XXXX. that was topline quarter it optimism reinforce While our for for
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summer As period historically we labor pressure mid subside. will exit the
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are investing into the planned, significant we capital As business.
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update. regulatory Now shift I’ll a into short
if weekly regarding know, you and Washington the As to changing more trade seem from tariffs be frequently. updates not
plays the materials are this these business of The out. effects domestically. and Wabash’s sourced majority monitoring on our We actively possible components and events are as
impact is direct tariffs to the Wabash So not to significant.
However, tariffs of caused have which steel we the specifically in domestic cost for XX% and to materials edge. inflation, impacting not aluminum, are is able the components
future. proactively the hedging to hedging this of near expand are possible as manage productivity to program continue the and much as We our risk in with breath working our of
technologies to these discussed, require and unveiled operate for standards Board and with California. that II equip outlined or the It its of Phase the is timeframe. the proposal medium Resources in for in the adoption CARB likely trucks Air XXXX in rules previously fuel-saving greenhouse gas new that California trailers greenhouse starting will As trailers heavy-duty own fleets CARB's EPA gas regulations
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to spot our load a rates levels, their near the the consumer bullish climb all-time Jeff, continue or utilization expectations at FTR and remains carrier turn indicators. charts record set of level, let me starts highlight strong, are a balance to At extremely share and over for in both records. a at ACT availability truck macro order carriers path the contract elevated is GDP and At forecasters, a to and and off high The quote industry are is units about housing strong, micro overall is on views production, activity forecast truck the to year. and tonnage more XXX,XXX XXX,XXX confidence of are level, continues I at the and the levels, for the forecast for be increasing its Before profitability time this call of few just market of to recently with produced the units FTR ACT demand record views all trailer equipment, while of year.
Additionally response that units the respectively. order the and ACT next outlook cycle trailer XXXX trailer book remain to and at year is demand which historically the units of XXX,XXX we customer continues levels. be strong forecasting seasonally XXX,XXX recently production XXXX, trailer strong early open for another with FTR indicator In demand, for to positive
forecasts there While to foreseeable XXXX, ACT FTR replacement future. clarity the forecast lot levels – above for strong a demand beyond still is continue of and
conditions, headwinds levels. the industry producing at could impact market strong the Given and constrain current XXXX few the outlook from that are forecasted there
cost QX, in continued and market. experienced challenges supply remainder distressed the material of inflation, and XXXX. the expect labor They a base, we throughout tightening Specifically,
plans are developing issues. of each to We contingency these address
However, on in year. could the of half escalation performance the impact material further have a second
the such indicators order year For and for high freight strong strong utilization the half rate, as industry full truck tonnage. tractor of the book, and continued back
XXXX our full-year XX,XXX tightening guidance shipment XX,XXX to are We units. to trailer
to of third be total range and trailer units. XX,XXX for we anticipate the XX,XXX Specifically shipments trailer the quarter, in
for Mile with a guides. of truck headwinds into previously shipment performance, environment backlog and Taking outlook the well expect products, products in now the Final end full-year demand year-to-date business, continued For our focused body the challenging XX,XXX, our strong account, the as with as prior our full-year high discussed. strong shipment we execution exceed to as
financial are we for the We second that, share even earnings call our to range Jeff on per year a updating the company focused With strong to I and adjusted near-term $X.XX the of guidance delivering this XXXX over In Jeff? half the an stronger turn to remain position XXXX. will full-year for $X. update.
