Is there an End in Sight for the New Truck Market?

We all know new truck orders have been through the roof and deliveries have been inadequate to meet demand, resulting in extremely long lead times. How does the current environment compare to recent cycles?

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Are we Finally Seeing More Trade-Ins?

The auction market performed closer to expectations in September, with a notable increase in the number of sleeper tractors of most model years represented. Pricing for newer trucks dropped as a result.

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August Retail Market Unchanged from July

Predictably, August’s retail used truck market looked very similar to July’s. Dealers sold incrementally more trucks, while pricing was basically unchanged.

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August's Auction Market was Identical to July's

Auction activity continued to defy our predictions in August, with low volume indicating a supply that is still very tight...

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New Truck Orders Through the Roof for Another Month

Economic fundamentals look sound into early 2019, but it's the "reserve build slots" part that we find interesting. 

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No Depreciation Yet in the Class 8 Market

Retail pricing once again showed little month-over-month change, while volume was slightly lower than predictions due to a lack of low-mileage trucks returning to the market...

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Off-Again Month for Used Truck Supply

Last month, we said the increased volume of trucks moving through auctions in June might indicate a return to more normal trade activity. That’s not yet the case, judging by the very low volume of trucks moving through auctions in July...

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Glider Production Limit is Back on Again... for Now

James Jaillet reports in Commercial Carrier Journal that Acting EPA Administrator Andrew Wheeler plans to enforce the existing 300-unit limit on completed, pre-emissions glider kits until his agency completes a formal rule rescinding the limit.

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Class 8 Retail Pricing Remains Stable on Higher Volume

Retail pricing remained stable for yet another month. Sales volume was moderately higher than last month, but there was still enough demand to absorb any increase in supply.

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Volume Returns to the Auctions

We finally saw an upward bump in volume of trucks sold at auction in June. The volume of the three most popular sleeper tractors sold through the two largest nationwide auction companies jumped from 135 to 298 trucks that month...

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