Economic News

Wholesale Auction Prices Peak, Begin Decline After increasing for 24 consecutive weeks, wholesale auction prices declined a slight 0.2% during the week ending June 20. Wholesale...

Retail selling prices continue to accelerate. The newest available sleeper tractors are bringing pricing at or above the highest peak months in the post-Great Recession period.

Medium duty truck pricing continues to benefit from strong demand for last-mile, general freight, contractor, vocational, and many other segments.

After increasing 2% the week ending April 11, wholesale auction prices increased 2.1% during the week ending April 18. The week’s performance extends the streak of...

After increasing 2.5% for the week ending April 4, wholesale auction prices increased 2% during the week ending April 11. The week’s exceptional performance extends the...

Auction pricing for the newest available sleeper tractors continues to shoot into the stratosphere. There are just not enough of these trucks to meet demand.

After increasing 2.5% the week ending March 14, wholesale auction prices increased an even better 3.1% during the week ending March 21. The week’s exceptional performance...

After increasing by 2.5% the week ending March 7, wholesale auction prices continued to rise during the week ending March 14. Prices improved by a similar...

After increasing by 2.9% the week ending February 28, wholesale auction prices continued to rise during the week ending March 7. Prices improved by 2.8% for...

This week I was honored to participate in the Commercial Vehicle Business Summit. A wide range of topics were discussed over the two days, but what was clear to me is the medium duty industry is serious about electrification, particularly on the lighter-GVW end of the spectrum.