Used trucks
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Company earnings
Ryder Q1 revenue, earnings similar to last year’s but blow past forecasts
Ryder is a major supplier of used trucks to the market, and its numbers showed a healthy second sales demand in the quarter.
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Company earnings
Service and parts carry Rush Enterprises’ Q1 earnings
Truck repairs and parts sales covered all the cost of running Rush Enterprises’ dealership network in Q1 as year-over-year profits doubled.
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Chart of the Week
Freight boom is not without downsides for carriers
One of the results of the 2017-18 freight market boom was an increase in the cost of operating that held over into a slower 2019…
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Drilling Deep Podcast
Drilling Deep: The upturn in the market for used trucks
Ryder is a major seller of used trucks. So it was notable that in its quarterly earnings report, it said the amount of money it…
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Trucking
The Daily Dash: Volumes and rates begin receding; Cold Chain Summit coverage; CDL fraud
In today’s edition of The Daily Dash, volumes and rates take a step back; complete coverage of FreightWaves’ Cold Chain Summit; and CDL fraud.
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Used truck sales pick up
Used truck pricing pressure is easing as stakeholders from manufacturers to dealers report growing sales momentum despite the lingering pandemic — and because of it.
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Infographics
Daily Infographic: Used truck sales are hot this summer
To read the full article, click here.
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Sponsored Insights
In the market for a used truck or trailer?
Ashley Hammonds of Reliance Partners cautions that buying a cheap older truck may have an inverse effect on insurance rates.
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Trucking
Fleet Advantage offers to buy back trucks in exchange for new truck lease
Fleet Advantage is offering to cash out a fleet’s excess trucks at book value in exchange for a lease that could lead to a new…
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OEM
Is it the OEMs’ turn for a winless season?
Market Expert Mike Baudendistel looks at the prospects for the truck original equipment manufacturers in 2020.
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