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Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.
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The latest numbers from ACT Research’s For-Hire Trucking Index show that the supply and demand balance improved in July.
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Fleets have been buying new trucks and trailers at records rates to meet economic demand and the numbers from our 2018 Fact Book tell the story of this trucking trend.
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Class 8 truck orders surpassed the 40,000-unit mark for the fifth time in seven months as dealers have already begun ordering for 2019.
Read More →North American Class 8 truck orders surpassed 52,000 in July, setting a new all-time record in what is typically the weakest order intake month of the year.
Read More →While the average price of used Class 8 trucks was flat in June compared to the previous month, they have risen 15% over last year.
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Artur Express announced plans to add 115 new trucks this summer, with an order for 30 more to arrive in December.
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Class 8 truck orders saw another bump in May but bottlenecks in the supply chain have kept production numbers constrained.
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CFI now plans to order 600 new Kenworth T680 over the road long-haul tractors, after revising its 2018 fleet purchase plan up from 500.
Read More →May was another strong month for new Class 8 truck orders as fleets work to keep up with increased demand in a tight capacity environment.
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