Sources in the industry report that Boydstun is in the process of closing a huge deal that will give a boost to their screw actuator auto transport trailer line. They're already selling around four screw trailers for every hydraulic car hauler!
Must be nice to be a car hauler salesman these days!
My back-of-the-envelope calculation puts the gross of this one deal at over $17 million. I'd take 5% of that any day of the week.
Looks like there's a big deal in the works from Honda in rail auto transport, too. We'll have to see what happens there. If Greenbriar Gunderson gets that deal, then the Portland, Oregon area will get a "two-fer"
(Boydstun Metalworks is located in Portland. I think Gunderson is in Beaverton, which is close by.)
If you can't see the image to the left, go to www.boydstun.com
But don't expect to get your new screw trailer any time soon. I hear Boydstun has a hell of a backlog. From what we're hearing from dealers like Rush, it's the same over atCottrell trailers, though I don't think their screw trailer is anywhere near as popular as Boydstun's. Time will tell I guess.
The big question is what these rigs will be worth at turn-in time, and how many guys will want them. I'm guessing that if they do well, there will be a pretty good market with the medium-sized fleets picking up at the ports. The open design of the screw actuator car hauler lends itself well to that kind of car hauling operator. Not sure how many POV car haulers will be jumping onto the bandwagon.
Wednesday, May 31, 2006
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