Manufacturers kept the screws tight on new Class 8 truck orders in February as a lack of supply chain visibility maintained stable backlogs.
Class 8 equipment orders are impacted by customer cancellations and OEMs bound by the turning of calendar pages.
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.
House Transportation Committee hearing on truck driver shortages In remarks to the House Committee on Transportation and Infrastructure, MIT Professor David Correll recently outlined yearslong research conducted by the MIT Freightlab, detailing a chronic underutilization of the American truck driver. Below are some highlights and reporting from the event. Interestingly there was additional research regarding […]
Trucking companies received an unexpected boost to their income statements in 2020 but inflation clouds loom.
Used truck prices continued to hit new highs each of the last six months according to ACT Research. Prices will eventually become too much of a burden for small fleets and owner-operators to bear, if they haven’t already.
California’s AB5 law and it’s impact on owner-operators. E-commerce warehouse solutions, and when will used truck prices decrease.
The numbers that the company is getting on its used tractor and truck sales is outpacing the assumptions in last year’s big inventory writedown
A double whammy of few new trucks and fleets wanting upgraded equipment in a booming freight market is driving prices to a post-Great Recession peak.
Slowdowns in deliveries of new trucks are driving prices of newer used trucks up in the double digits both at dealerships and in auctions.
In today’s edition of The Daily Dash, congestion and gate restrictions from rail partners hampered J.B. Hunt’s intermodal growth in Q4. Plus, stopping a ransomware attack is not as simple as it sounds, and business-to-business activity is booming.
Pulled along by improving orders for new Class 8 trucks, demand for late-model heavy-duty used trucks continues to swell.
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Prices are firming and demand is rising for used trucks after more than a year of doldrums mirroring a slowdown in new truck orders.
Rush Enterprises barely felt the impact of the coronavirus pandemic in its new and used truck business in the first quarter, but it is bracing for a much harder hit to come.
Knight-Swift’s better than expected quarter yields to further uncertainty as the year progresses.
Heartland Express’ better than expected result was diminished by the lack of gains on equipment sales.
Market Expert Mike Baudendistel looks at the prospects for the truck original equipment manufacturers in 2020.
Tender rejections: Looking into the week, we expect the capacity to continue to loosen as volumes remain at midwinter levels. Occasional surges in demand are not unheard of in February, but they are unlikely to have much impact on capacity. Carriers who operate in California and around the ports need to start thinking about the […]
