From the category archives: Industry News and Events

Industry News and Events

Rush Bets on Natural Gas

As reported today in trucking media, Rush Enterprises announced a subsidiary called Momentum Fuel Technologies, which will manufacture and install Compressed Natural Gas (CNG) power solutions for Class 6 to 8 trucks...

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Two Major Additions to NADA Commercial Truck Values

The May edition of the ATD/NADA Official Commercial Truck Guide® is now available. In response to customer feedback, this edition contains values for the Caterpillar CT660 construction truck, as well as a “Fresh Engine Overhaul” option...

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Industry Awareness of Used Truck Supply Increasing

Commercial Carrier Journal's News Editor James Jaillet recently provided a quick look at recent trucking industry indicators. Referencing a graph from NADA's most recent Guidelines, Mr. Jaillet points to our prediction that increased new truck deliveries will result in a continued increase in trades...

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What's Driving New Truck Orders?

By now, you’re aware that October and November new Class 8 orders were through the roof – basically the strongest 2-month period in 8 years. Why now? What has changed in the economy to prompt this massive increase?...

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ATD/NADA Official Commercial Truck Guide® now Includes Service/Utility Body Option

In response to customer feedback, NADA has added a Service/Utility Body option to the Commercial Truck Guide. Since NADA is the leading third-party provider of benchmark used vehicle values, this enhancement should help to streamline the financing process...

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See you at UTA!

We’re taking the week off from posting market data because we’ll be at the Used Truck Association’s annual convention in Scottsdale, AZ. NADA is proud to have attended every UTA convention since the inaugural one in 2000...

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Where Does the Natural Gas Market Stand?

Back in May, we discussed how there is essentially no secondary market yet for used natural gas trucks. With last year’s announcement by Westport that they had ceased production of their 15L engine – and Volvo’s announcement last week that they have stopped work on a compression ignition LNG engine for North America – it appears that interest in natural gas power has moderated...

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Where Does the Natural Gas Market Stand?

Back in May, we discussed how there is essentially no secondary market yet for used natural gas trucks. With last year’s announcement by Westport that they had ceased production of their 15L engine – and Volvo’s announcement last week that they have stopped work on a compression ignition LNG engine for North America – it appears that interest in natural gas power has moderated...

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Fleets are Finally Expanding. What are the Implications for Used Trucks?

Over the past two years, the general increase in new truck orders and production was attributed to replacement demand, not expansion. Logically, though, if orders and production continued to increase, simple one-for-one replacement would eventually not account for order and production levels...

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Whose Values are Best?

I occasionally hear comments from used truck professionals about how one valuation company or another claims to have “the best data” or “the best analytics.” I don’t know how other valuation providers or analytical firms analyze the used truck market, but I can certainly speak to NADA’s processes...

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