From the category archives: Market Analysis and Forecasts

Market Analysis and Forecasts

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...

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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...

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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...

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Retail Sales Volume Ticked Up in July

As we stated last month, there was no seasonal slowdown this year in the retail or wholesale channels. Dealers and end users made purchasing a higher priority than typical in the late spring/early summer months...

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Proprietary Engines in the Used Market

The increasing build rate of proprietary engines in new trucks gets frequent press, as exemplified in this excellent recent article in Transport Topics. But gone unexamined is the degree to which these engines are represented in the used market...

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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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Medium Duty Cabovers Tick Upward

2014 has been a mediocre year for Class 3-4 cabovers, with volume down from last year. At the same time, the average price of our 4-7 year-old benchmark group in 2014 to date is running ahead of same-period 2013...

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Construction Market Outpaces 2013, but Challenges Remain

As of this writing, the US Senate has just passed a short-term highway funding bill that would fund infrastructure construction through December. It is likely that the House will either pass this bill or a lightly-altered version. The business community would of course prefer a long-term solution instead of a stop-gap, so the current bill won’t do much to encourage increased demand for equipment...

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Wholesale Volume Runs Ahead of Last Year; Retail Volume Escapes Seasonal Weakness

As we enter the 3rd quarter of 2014, the number of trucks sold at auction or dealer-to-dealer remains comfortably ahead of same-period 2013. Through June, NADA collected 20,779 wholesale records, compared to 19,449 for the same period last year...

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