New truck orders stabilizing; Used Trucks Prices Dip Friday March 03, 2023 | Technology & Equipment February Class 8 orders were 22,800 units – a 13% increase from January and up 10% year over year, according to data from FTR, “Orders likely are below build rates for the month, and FTR would anticipate backlogs to slip slightly. However, backlogs remain at high levels and production slots are mainly filled through Q3 […]
Interest Rates Could Keep Lid on ‘Astronomical’ Used Truck Values Friday May 20, 2022 | Business Conditions, Technology & Equipment With historic inflation and supply chain constraints amid high freight demand still creating equipment acquisition concerns, Corcentric – a financial procurement and asset management services company – recommends stepping up fleet maintenance and casting a wider net for suppliers.
Used Truck Prices Keep Rising: Auctioneer Thursday August 19, 2021 | Business Conditions Used truck prices continue to rise in Canada, according to the latest market update from auctioneer Ritchie Bros.
Used US Class 8 Prices Soar Over 50% in a Year Thursday August 05, 2021 | Business Conditions, Technology & Equipment The average price for a used Class 8 soared to a new high for the third consecutive month as June sales climbed year-over-year amid the lowest inventory levels yet in this cycle. The price hit US$61,219, or 51% higher compared with $40,449 a year earlier.