used trucks

Government, Business

Consumer Prices Rise 0.2% in September; Used Vehicles Spike

A business displays a sale sign in Surfside, Fla., on Oct. 12. (Wilfredo Lee/Associated Press)

U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles.

Matt Ott | Associated Press
October 13, 2020
Business, Equipment

Demand Remains Strong for Used Class 8s in January

Used Class 8s Trucks at the Ritchie Bros. auction. (CNW Group/Ritchie Bros. Auctioneers)

Sales of used Class 8 trucks in January fell compared with a year ago, but the average heavy-duty truck brought 10% more money as customer demand remained strong amid a shortage of trucks, ACT Research Co. reported.

Roger Gilroy | Senior Reporter
February 28, 2019
Business

Tight Inventory Raises September Used Truck Prices

Used Kenworth and Peterbilt trucks on a sales lot Used Kenworth and Peterbilt trucks on a sales lot. (TruckPR/Flickr)

The sale price of the average Class 8 used truck jumped 13% in September amid ongoing demand for trucks in a market where freight is plentiful and capacity is tight, ACT Research Co. reported.

Roger Gilroy | Senior Reporter
October 26, 2018
Business, Equipment

Used Truck Prices Jump 16% in August

A bid catcher takes bids during an auction in Fort Worth, Texas. A bid catcher takes bids during an auction in Fort Worth, Texas. (Ritchie Bros. Auctioneers)

Strong demand for used trucks continued in August as the average price of a Class 8 vehicle jumped 16% year-over-year in the midst of a historically strong freight market, ACT Research reported.

Roger Gilroy | Senior Reporter
September 27, 2018
Editorial

Editorial: This Hot Market and Used Trucks

Used trucks are a hot commodity, a reflection of the robust demand for capacity that the trucking industry currently enjoys.

May 31, 2018
Business, Equipment, Logistics

Used Truck Sales Rise 9% in April

Used truck lot A used truck lot. (John Sommers II for Transport Topics)

Used truck sales in April reached 22,900, up 9% from 21,000 in the same month in 2017, according to ACT Research Co.’s industrywide estimate.

Burney Simpson | Staff Reporter
May 25, 2018
Business, Equipment, Safety

Ryder System Launches Preventive Maintenance Program for Its Pre-Owned Vehicles

John Sommers II for Transport Topics

Ryder System launched a preventive maintenance program for its pre-owned vehicles, the Miami-based company said. Under the program, customers can finance or prepay for their selected preventive maintenance plan when they purchase a pre-owned vehicle, the company said.

July 5, 2017
Business

Late-Model Equipment Lifts Used-Truck Prices

John Sommers II for Transport Topics

Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.

Seth Clevenger | Managing Editor, Features
July 6, 2015
Business

Prices for Used Trucks Continue to Rise as More Late Models Hit the Marketplace

Used-truck values reached a record in October, with the average price for a sleeper cab at just more than $61,000, the American Truck Dealers reported.

January 5, 2015
Business

Used-Truck Prices Hold Near Record Highs, Despite More Late Models Hitting Market

Prices for used trucks in the United States remain near record highs as strong demand outweighs a growing supply of late-model units, dealers and analysts said.

October 20, 2014

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