Recent reports from Ryder System and Knight-Swift highlight significant total cost of ownership and poor range for electric trucks.
The evidence is far from overwhelming, but the worst of the price depreciation for used trucks may be over.
With 2024 orderboards open, Class 8 truck orders hit their highest level of the year in September and suggest fleet optimism.
Unprecedented high prices for used trucks a year ago have plummeted as new truck production moved past supply shortages.
Josh Smith, vice president at Variant and over-the-road operations at U.S. Xpress, spoke to FreightWaves about the Variant program and how technology and operations are vital to success in trucking.
El aumento de la fabricación de camiones nuevos ha contribuido a invertir los costos de adquisición en subastas y al por menor.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
On Tuesday, FreightWaves interviewed Josh Bouk, president of Trax Technologies, about the recent Securities and Exchange Commission rule-making recommendation back in March 2022 regarding scope 3 emissions. Scope 3 is a part of a larger greenhouse gas emissions overhaul by the SEC, the intent being for companies to disclose their impact on the environment.
Drivers who paid top dollar for a used truck in the past year are probably kicking themselves, if not just taking the hit and walking away.
As supply chain logjams lessen, improving new truck production levels put downward pressure on used truck prices.
Used trucks commanded lower prices at auction and retail in July as the overheated equipment market continued to cool.
Los conductores que persiguen las tarifas al contado se rinden ante la caída de las mismas
Auction prices for used trucks are dropping as more equipment shows up amid cooling spot freight demand.
Used truck auction prices started to ease in April as freight demand slowed, but they remain more than twice as expensive as a year ago.
The unrelenting rise of used truck prices in auctions and at retail appears to be immune even to the threat of an economic slowdown.
Finding a used truck in an overheated market is hard, but personal connections can be an answer, whether it’s the local plumber or the chamber of commerce.
Used truck prices continued to rise as 2021 ended with a short supply of late-model used trucks the main culprit, but there were other reasons too.
Drivers and fleets can get loans to pay sky-high prices for used trucks because spot rates let them earn more than enough to repay.
Fleets and individual truckers buying at today’s elevated prices
assume a big risk when the used equipment market normalizes.
Sought-after used trucks nearly double in year-over-year price, according to J.D. Power Valuation Services.
