Used truck prices continued to rise as 2021 ended with a short supply of late-model used trucks the main culprit, but there were other reasons too.
The Department of Energy’s SuperTruck 3 earmarks $100 million to expand electric heavy-duty truck concepts to lower emissions.
Large truck sales are on the rebound after months of declining sales.
It’s scary days in Australia for truck makers and importers, as the volume of truck sales has fallen off a cliff. Also this week: road upgrades, drug-taking drivers, company debt and a parliamentary trucking inquiry.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Brave driver rescues trucker from fiery death; hostile takeover; billions for roads; truck sales; pay truckers on time… or else!
Market expert Dean Croke writes about the construction boom in Las Vegas, the number of flatbed trucks hauling steel to the city for its mega-construction projects, and the outlook for the flatbed truck market in 2019.
New truck sales figures broke records in Australia last year but, what goes up must come down. Expert analysts are worried that 2018 may have been a peak and that a decline in new sales is on the way. The Truck Industry Council reveals which brands of trucks sold best in Australia last year in each of the heavy duty, medium duty and light duty trucks along with the light duty vans. (Photo: Mitsubishi-Fuso).
The tax changes of 2017 caused some fleets to consider leasing as opposed to buying, and new accounting rule changes could have a similar effect, says Fleet Advantage.
Rush Enterprises posted an increase in second-quarter revenue buoyed by strong used-truck sales and significant growth in its aftermarket business, which accounts for 64.8% of the company’s gross profits.
