Industry News and Events

The auction world opened back up in February, and sales volume followed suit. Outside of some volume- and mileage-related pricing anomalies, Class 8 pricing remains at a historically high level.

Supply was tighter than ever in September, and predictions of a very strong freight market going into the holidays bolstered demand.

December was a higher-volume month, which is not unusual. Pricing was stable to upwards for most trucks, despite a very large volume of 3-year-old sleepers continuing to cycle through the market.

Volume was generally lower this month. The mix of trucks sold was less impacted by large package deals of identically-spec’ed makes and models. Pricing remains firm, not particularly strong by historical standards, but also not depreciating.

Wholesale auction sales of vehicles up to 8 years old for the week ending Oct. 25 improved reaching approximately 89,000 units. Last week’s result marks a...

Low-mileage trucks are still bringing respectable money, while average to higher-mileage units are depreciating more heavily. Fleets simply don’t need as many trucks as they did...

The disruptions to the auction and retail markets in March resulted in unexpected price movements. In response, we took the unprecedented step of revising values for...

Wholesale auction sales of vehicles up to 8 years old for the week ending Oct. 18 remained relatively flat at 80,000 units. Last week’s result marks...

May 1 marks the first milestone in the very gradual reopening of the American economy. Many states have slightly dialed back the most stringent restrictions on...

Retail volume increased again in July, with packages of higher-mileage trucks contributing to the volume and causing some of our averages to come in lower than...