ACT Research reports freight is falling and used truck sales and prices are expected to do the same Preliminary used Class 8 volumes (same dealer sales) contracted 8% month-over-month in 2020’s third month, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Longer-term, […]
Prices Supported by Finance and Payment Deferral Incentives from Automakers and Captive Finance Companies The valuation analysts at Kelley Blue Book reported the estimated average transaction price for a light vehicle in the United States was $37,736 in March 2020. New-vehicle prices increased $972 (up 2.6%) from March 2019, while dropped $38 (down 0.1%) from last month. “While the automotive industry and broader U.S. economy were brought […]
Dealers are reporting that they have high levels of used truck inventory, especially aerodynamic sleepers According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes improved 14% month-over-month in February, with longer-term sales rising 9% year-over-year compared to […]
More than 1,700 trucks and trailers from Celadon will be sold in March, April, and May Ritchie Bros. was chosen to sell select trucks and trailers owned by Celadon Group, which filed for Chapter 11 bankruptcy protection in December 2019. More than 1,700 of these Celadon trucks and trailers will sell at upcoming Ritchie Bros. live auctions […]
Senior team members and advisors play crucial roles in establishing a marketplace that serves both dealer and buyer needs Comvoy, the first and only structured, searchable marketplace for work-ready trucks and vans, launched in November 2019 to match customers with the right work truck for the right job––across any vocation, body type, vehicle or upfit manufacturer. Senior […]
ClipperCreek’s technology is relied upon by more than 750,000 consumers and businesses world-wide ClipperCreek recently celebrated the sale of their 90,000th electric vehicle charging station produced and sold at their Auburn, CA manufacturing facility. The unit was an HCS-D40P, a recently released plug-in Dual EV Charging Station. ClipperCreek is one of the original EVSE manufacturers […]
