The company said sales and income growth were led by the commercial segment, the largest of the company's three business segments. Combined sales for the segment were $115 million, up 19% from last year. The biggest came in concrete placement sales, up 18% and refuse sales, up 21%.
Recent Class 8 trade volumes have been lower than predicted, which means pricing has been more stable than expected for used trucks, according to J.D. Power & Associates.