Used Truck Prices Still Increasing, Trailer Orders Ease

COLUMBUS, IN - Used heavy truck prices in the U.S. during May took a break from their increasing pace. Commercial vehicle data provider Act Research reports the average cost in April experienced a leveling off, in keeping with the trend of flattening age and mileage, coming in just shy of US$50,000.Compared to April, the average price is up eight percent from last year, with the gains in line for ACT's expectations of five percent to 10 percent price growth in 2015 in the Class 8 sector. Total reported sales volumes of used Class 8 trucks fell to 2,496 units in May, down 11 percent month-over-month, but up three percent year-over-year. "Volume softening can be seen in the retail and wholesale markets, with month over month declines of 12 percent and 14 percent, respectively," said Steve Tam, vice president, commercial vehicle sector with Act Research. "Auction transactions saw a nine percent increase month over month, eight percent above volumes from May 2014. Our guidance for full year 2015 sales remains unchanged."

Used Truck Deals Still Near Record Levels

SOUTHFIELD, MI -- U.S. Transactions of used commercial vehicles in the gross vehicle weight (GVW) 3-8 categories remained near record levels for the 12-months ending March 31, according to new figures from the vehicle industry analysis provider IHS Automotive.

Used Truck Market Makes Few Gains in October

COLUMBUS, IN - North American truckers bought about the same number of used trucks in October as they had in September, according to ACT Research. Class 8 used truck sales rose one percent in October compared to September 2014.

NINE TIPS FOR BUYING A USED TRUCK

How to make the most of the 2007 pre-buy used-truck boom.

The Dented Used-Truck Market

The recession and extended trade cycles have dented the used-truck market. So what's a trucker who needs a used truck to do?

Two-Thirds of Carriers Plan to Increase Capacity, Only Minimally

WINDSOR, CO - Transport Capital Partners (TCP) has revealed that 65 percent of carriers surveyed plan to increase their capacity. The numbers remain nearly identical to first-quarter 2013 results.

Unprecedented: All Used-Truck Comparisons Improve in July

COLUMBUS, IN - In its latest used-truck report, ACT Research says that all month-over-month comparisons improved.

Used truck market looks good during downturn

TORONTO -- A bed of roses? Probably not, but owning a truck is still an achievable dream. With profit margins as slim as they are today and good paying freight is getting scarce, there's no room for even a minor mistake.

Used and Enthused: Pre-owned trucks fueling rebound

TORONTO -- Not wanting to sit on their hands as freight conditions improve, truck buyers, including big fleets, are increasingly turning to used trucks to grow their business.