Used Class 8 same dealer sales volumes returned to a downward trajectory in September, falling 5% m/m and erasing a portion of August’s 9% improvement, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research. Longer term, sales dropped 18% y/y and 19% ytd. The report also indicated used Class 8 average miles increased month-over-month, up 5%, and were unchanged year-to-date, while average age fell 3% compared to August but rose 4% on a year-to-date basis. Average price also shed 3% m/m, while growing 6% ytd.
Topics: Press Releases, Used Trucks, class 8 trucks, commercial truck report, commercial vehicle sales data, truck market, truck freight, north american trucking, class 8 truck, american truck and trailer, commercial truck and trailer, class trucks for sale, used commercial truck, used truck values commercial
Preliminary used Class 8 volumes (same dealer sales) fell 5% month-over-month in September, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Additionally, the report indicated that longer-term comparisons yielded a 17% decline compared to September 2018, as well as a year-to-date drop of 19%, the 11th consecutive contraction for both time period comparisons.
Topics: transportation, Press Releases, Used Trucks, class 8 trucks, commercial truck report, north american trucking, class 8 truck, transportation industry news, class trucks for sale, used commercial truck, trucking, used truck values commercial, semitruck, heavy duty truck