truck inventory trends

Heavy Truck Sales in Crisis: How Economic Trends are Affecting Truck Orders

The topic of economic indicators and their effect on truck inventories is crucial in understanding the current conditions of the transportation industry. Certain economic indicators such as demand trends, order intake, and inventory levels reflect commercial vehicle health, especially for heavy trucks. Recent statistics indicate a notable slowdown in truck orders, which have fallen below […]

Heavy Truck Sales in Crisis: How Economic Trends are Affecting Truck Orders Read More »

The Shocking Truth About Used Truck Prices: What You Need to Know Before Buying!

The used truck market has exhibited stability amid varying economic conditions. In recent months, the average price of used Class 8 trucks held steady at approximately $54,000, demonstrating resilience despite a 20% drop year-over-year. Additionally, a remarkable increase in used truck inventories was reported, reaching 2.61 million vehicles by the end of 2023, indicating a

The Shocking Truth About Used Truck Prices: What You Need to Know Before Buying! Read More »