Used truck sales dropped 14 percent in May, down 22 percent from a year earlier
“Preliminary used truck sales in the heaviest weight segment – Class 8 – dropped 22 percent in May compared with the May 2018.” – According to the article in freightwaves.com and its author
Hawes also wrote – “Used truck sales fell 14 percent in May compared with a 5 percent drop in April. The average price of a used truck increased 5 percent, while average miles contracted dipped 1 percent and average truck age increased 7 percent, according to ACT Research, a trucking industry research firm.”
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Source and credits: freightwaves.com /
