Commercial Truck Blog

Pricing was essentially unchanged from last month. Sales volume remained subdued as fleets kept their lower-mileage trucks in service rather than trading them in as expected...

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Volume at the auctions we monitor remains lower than predicted. The number of trades entering the market had not yet ramped up to expected levels as of May...

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April was another month with stable pricing. Retail sales volume was lower than expected, and the predicted increase in trades has not yet come to pass...

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The average number of used trucks retailed at each of our reporting dealerships dropped unexpectedly in April, coming in at 4.9 per rooftop...

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Those who have sat through one of my presentations in the past few years have heard me say, “Fracking was a game changer, and there’s no reason why diesel should be back to $4.00 a gallon anytime soon.” The $4.00 figure is still a long way off, but we have passed the $3.00 level...

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March’s pricing was generally flat compared to February. This is a positive result, as it suggests healthier demand is counteracting the depressive effect of higher supply...

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As expected, dealers reported a healthy number of retail sales in March. That month averaged 5.7 trucks sold per rooftop, which is the highest result in 10 months...

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The auction markets ramped up fully in March, and volume was at the lower end of expectations...

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January’s strength gave way to weakness in February, as most segments of the medium duty market returned notably lower pricing...

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February’s pricing was down substantially from January. As predicted, a greater volume of late-model trucks is impacting pricing, with some dealers selling multiple-unit packages at aggressive retail prices...

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