Craig Kendall was elected president of the Used Truck Association, the group said July 5.
July 7, 2016Business
May鈥檚 Used-Truck Sales Fall; Average Price Flat
Sales of used Class 8 trucks in May聽fell by 10% year-over-year, ACT Research Co. reported.
June 24, 2016Business
Used Commercial Vehicle Sales Rise to Second-Best Year Since 2005, IHS Reports
Used commercial vehicle transactions in 2015 rose to the second-highest level in a decade when records began, according to IHS Automotive.
March 1, 2016Business
Prices Lower, Sales Slower for Used Class 8 Trucks
With inventories at the highest level in more than a decade, used Class 8 trucks were priced lower and selling slower in January compared with a year earlier, a pattern likely to continue throughout 2016, analysts said.
February 29, 2016Business
Sales of Used Class 8 Trucks Continue to Be Mixed in November
Used Class 8 truck聽sales continued to be mixed in November, ACT Research said.
December 23, 2015Business, Equipment
October Used-Truck Prices Rise on Low Mileage, Analysts Say
The Class 8 used-truck market in October saw mileage fall on vehicles and average pricing climb, according to industry analysts. But looking at conditions in November, other experts said prices have begun to fall as inventories mount. 聽 聽
December 7, 2015Business
Used-Truck Pricing Remains Stable As Availability Improves, Analysts Say
Average used truck prices have remained stable in recent months as the availability of used equipment continued to improve, analysts said.
August 10, 2015Business
Late-Model Equipment Lifts Used-Truck Prices
Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.
July 6, 2015Business
Used-Truck Transactions Rise 4% in 1Q
Used-truck transactions grew nearly 4% in the first quarter, and average pricing has continued to escalate in recent months as newer, more valuable models have become available, according to recent industry reports.
June 1, 2015Business
Used-Truck Transactions Up, But Constrained by Inventory
Used-truck transactions rose about 4% last year, but sales volumes were constrained by the scarcity of desirable units reaching the secondary market, IHS Automotive said.
March 9, 2015