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. 

July continued that trend, with sales per dealership rooftop estimated to come in at 6.1 trucks (we are still waiting for one late report from a large dealer group). This result is 0.3 truck higher than June, but 0.4 truck lower than a strong July 2013. Year-to-date, 2014 is running 0.1 truck behind 2013, which we consider essentially equal. See graph below for detail.

This strong volume is likely due simply to the increased availability of low-mileage sleeper tractors. Demand remains strong for these trucks, and customers are confident enough in their business outlook to jump on a desirable truck.

Stay tuned next week for (slightly delayed) July pricing data.