October Used Class 8 Truck Sales Rise 10.7% Year Over Year
Used Class 8 truck sales in October increased 10.7% year over year to 23,800 units from 21,500, ACT Research reported.
Trucking Demand and Capacity Edge Closer to Equilibrium
“Broadly speaking, freight demand trends are gradually improving,” said Carter Vieth, research associate at ACT Research.
US Trailer Orders Drop 61% in September
Preliminary net data shows 12,100 trailer orders for the month, up 57.1% from August. But results continue "to bear witness to our expectations of weaker demand," ACT Research said.
August Used Truck Sales Show Little Change
Sales rose 1.3% to 22,800 units from 22,500 in August 2023, but the figure was unchanged from July.
US Trailer Orders Drop 40% Year Over Year in August
U.S. trailer orders declined year over year for the fourth consecutive month in August, ACT Research reported.
July Used Class 8 Truck Sales Jump 17% From 2023
The used Class 8 truck market showed signs of life in July, with sales climbing nearly 17% compared to the same month last year, according to ACT Research.
July Trailer Orders Drop 37% Amid Slower Market
U.S. trailer orders fell 37% year over year in July to 7,200 units, ACT Research reported. The figure represented a 14.2% increase from June’s 6,300 units.
June Medium-Duty Sales Decline 9% Year-Over-Year
U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.
May Used Truck Sales Rise 18% From 2023
Used Class 8 truck sales in May increased 18.1% compared with the same period the prior year, ACT Research reported, rising to 22,800 units from 19,300.
May Medium-Duty Sales Decline 6% Year-Over-Year
U.S. retail sales for medium-duty trucks declined year-over-year in May after six consecutive months of gains, according to data from Wards Intelligence.