Phase 2 of the heavy-duty truck greenhouse gas emissions and fuel efficiency standards mandated by the EPA and NHTSA are projected to lower CO2 emissions by approximately 1.1 billion metric tons. Fuel consumption will decline as the new rules become tighter.
Aside from the 41 hydrogen fueling stations in California, only five other states offer this type of fuel, with only one station available per state.
The price of crude oil has increased since last year, with regular gasoline increasing 10% and diesel only seeing an increase of 1%, according to the DOE's cost breakdown. Taxes, distribution/marketing, and refining costs have all decreased, with the only exception being a 3% increase in diesel distribution/marketing.
As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.
The increasing maturity and stability of trucking technology start-ups is evidenced by a decline in the volume of early-stage deals in 2018.
As of Feb. 1, 2020, all 2015-2017 model-year truck classes experienced an increase in resale values. Class 8, heavy-duty trucks experienced the biggest dip in January 2020 and experienced the biggest rebound in February.
New truck registrations across the European Union grew by 3.5% last year compared to 2017.
Private fleets report a DOT Recordable crash rate of 0.504 crashes per million miles, a slight increase from last year’s 0.49.
As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
As of Dec. 1, 2019, pickup truck values continued their downward trend a bit more steeply between November and December 2019 since a peak in June.
Large truck drivers killed in fatal crashes rarely have high blood alcohol concentrations (BACs).
Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017.
As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers.
Dealers have increased both new and used truck sales. Equipment turns averaged 649,000 miles.