The trade cycle of Class 8 trucks among private fleets accelerated to 6.3 years from last year's 6.5 years, while the overall trade mileage dropped to 610,000 miles, down 20,000 miles from 2019. Both of this year’s results were quicker than any other trade cycles ever reported in the history of the National Private Truck Council's annual survey. Five years ago the figures stood at 8.7 years and 713,900 miles.

Source: National Private Truck Council