Used Truck Sales, Trailer Orders Fall in November
Sales of Class 8 used trucks and orders for new trailers fell in November from the previous month, according to ACT Research.
Used truck sales fell 16% month-over-month, and prices increased over October and year-over-year, ACT Research said.
New trailer orders fell slightly, ACT said, with 22,306 orders. Trailer production declined 15% month-over-month on more holiday days being taken.
“Fleets appear to be positioning themselves to move when the time is right,” said Frank Maly, director of commercial vehicle transportation analysis and research for ACT.
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