Class 8
Year-Over-Year Average Price for Used Class 8 Trucks Drops Again
Used trucks sit on the sales lot at Atlanta International Used Truck Center. (Atlanta International Used Truck Center via Facebook)
The year-over-year average price of a used Class 8 vehicle in June declined for the 14th consecutive month.
July 30, 2020May Extends Slide in Used Class 8 Truck Prices
Used sleepers on a lot. (Ameritruck)
The year-over-year average price of a used Class 8 vehicle fell for the 13th consecutive month in May. Sales at retail outlets held up, while inventories headed down because there was no deluge of equipment flooding the market as a casualty of the COVID-19 pandemic, ACT Research reported.
July 8, 2020Class 8 Orders in May Begin New Cycle’s Slow Upturn
A plant worker welds a truck part at a Volvo plant. (Justin Ide/Bloomberg News)
North American Class 8 orders in May fell below 7,000, ACT Research reported, an uptick from April’s historic low as industry analysts said progress will be slow as long as COVID-19 remains a major concern.
June 4, 2020February Class 8 Orders Decline
A production line employee works on the front of a cab at the Navistar plant in Springfield, Ohio. (Navistar International Corp.)
Class 8 orders dropped to 14,100 in February, ACT Research reported, citing preliminary results. In what typically is a weak month, fleets remained cautious amid challenging freight levels, overcapacity and the spreading coronavirus as a backdrop.
March 5, 2020Class 8 Sales Tumble in January as Fleets Grow More Cautious
A Peterbilt 579 Class 8 truck. (Peterbilt Motors Co.)
Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported, as a cautious industry waited to see what changes in the freight environment.
February 12, 2020Class 8 Orders Off 71% From Year-Ago Levels
Peterbilts on the assembly line. Class 8 preliminary orders hit 12,600 in September, according to ACT Research. (Riverside Transport Inc. via YouTube)
North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.
October 3, 2019Used Truck Market in July Underscores Buyers Are Leaving
A 2016 Kenworth T270 flatbed truck at a dealership in Dallas. The average Class 8’s sales price increased 2% to $46,442 compared with $45,455 a year earlier. (Shutterstock)
Sales of used Class 8 trucks under $50,000 continued to fall during July, which helped drive up the average sales price, but at the same time underscored certain buyers have exited the market, according to ACT Research.
August 29, 2019June Class 8 Sales Improve Amid Softer Freight Market
Some trucks from Inter-Coastal's fleet. The regional truckload carrier continues to replace older equipment with new trucks. (Inter-Coastal via Facebook)
U.S. Class 8 retail sales in June improved to climb above 23,000 units, WardsAuto.com reported. They landed against the backdrop of a freight environment that is weakening this year and already is served by too many trucks, other analysts said.
July 18, 2019Rising Class 8 Sales in May Signal Demand Alive and Well
American Central Trucking initially planned to replace 95 vehicles in 2019 but may have to increase that by a few more trucks. (HaulACT via YouTube)
U.S. retail sales of heavy-duty trucks kept up momentum in May, pushing into the 20,000-plus territory for the 10th time over the past year, WardsAutomotive.com reported.
June 20, 2019FMCSA Seeks Comment on Pilot Program for Young Drivers
FMCSA Administrator Ray Martinez at the 2018 Management Conference & Exhibition. (John Sommers II for Transport Topics)
The Federal Motor Carrier Safety Administration is seeking public comment on a potential pilot program that would allow drivers between the ages of 18 and 20 to operate trucks interstate.
May 14, 2019