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 | Staff Reporter
February 28, 2019

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 | Staff 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 | Staff Reporter
September 27, 2018

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

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

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

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

Executives Say Used Trucks Remain Scarce, Despite 2011 Rise in New Class 8 Deliveries

The increase in new Class 8 deliveries in 2011 hasn’t yet done anything to ease the scarcity of used vehicles and, if anything, has added even more upward price pressure, industry executives and analysts said.

February 6, 2012