Unexpected Late-Summer Pullback in Retail Market

With about 85% of our August retail sales data collected, we estimate that dealers sold an average of 5.5 trucks per rooftop. This result would be the lowest since January, a month heavily impacted by severe weather...

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Competitive Comparison – 3-Year-Old Sleepers

Thanks to the increased supply of late-model sleeper tractors, we are able to track the relative performance of 2012MY units with a high degree of confidence. 

Diving right in, we see that the Peterbilt 386 dipped unexpectedly in July...

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Are You Taking Advantage of Market Conditions?

As we wrote in last month’s Guidelines, “now is the time to make hay while the sun shines.” Fleets and owner-operators are expanding and trading up to newer trucks, thanks to improved business confidence and the need to move more freight. There are more late-model, lower-mileage trucks available to sell thanks to the return to shorter trade cycles...

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Construction Market Recovery Continues

Construction activity in stronger regions continues to gradually drive up pricing for used construction trucks. Price and volume of trucks sold in 2014 to date outpaces 2013...

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Wholesale Market Shift Continues

The influx of younger, lower-mileage sleeper tractors into the wholesale marketplace continues to shake up the mix of trucks sold. Average age has reached parity with the retail channel, and the number of trucks with under 600,000 miles sold so far in 2014 is already greater than in all of 2013...

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Wholesale Market Shift Continues

The influx of younger, lower-mileage sleeper tractors into the wholesale marketplace continues to shake up the mix of trucks sold. Average age has reached parity with the retail channel, and the number of trucks with under 600,000 miles sold so far in 2014 is already greater than in all of 2013...

Continue Reading →

July Surprise

The retail sleeper market turned in an unexpectedly strong performance in July, with depreciation for individual trucks essentially nonexistent despite the continuing increased supply. This ongoing market shift favoring 2-5 year-old trucks pushed our universal average to a new all-time record...

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July Surprise

The retail sleeper market turned in an unexpectedly strong performance in July, with depreciation for individual trucks essentially nonexistent despite the continuing increased supply. This ongoing market shift favoring 2-5 year-old trucks pushed our universal average to a new all-time record...

Continue Reading →

Medium Duty Conventional Market Mixed in July

July was a fairly good month for the lighter GVW classes of conventionals, with pricing for our Class 4 benchmark group up mildly month-over-month and substantially year-over-year. Volume took a dip in July, although 2014’s monthly average is very close to 2013’s if a one-month outlier is ignored...

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Medium Duty Conventional Market Mixed in July

July was a fairly good month for the lighter GVW classes of conventionals, with pricing for our Class 4 benchmark group up mildly month-over-month and substantially year-over-year. Volume took a dip in July, although 2014’s monthly average is very close to 2013’s if a one-month outlier is ignored...

Continue Reading →

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