Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017. The long-term increase in costs for LTL carriers reflects the pressures of more frequent pickup and delivery operations attributable to the growing influence of e-commerce, in addition to continued deterioration in urban traffic conditions.
In addition, fleets saw a 0.3% increase in maintenance costs from 2016 to 2017, the smallest increase since 2010.
As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.
As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.
As of July 1, 2020, average wholesale values for all model-year 2015-2017 truck classes experienced some form of increase in value, except Class 7 medium-duty.
As of June 1, 2020, all truck classes continued to experience a drop in resale values for 2015-2017 model-year units. This is the second month of decreases following the rise in all values in April 2020.
As of May 1, 2020, all truck classes experienced a dropin resale values for 2015-2017 model-year units compared with the rise each class saw last month.
Likely one of the most important tasks a fleet manager must handle is vehicle maintenance. A truck that isn’t working can’t accomplish its job; it’s a simple fact.
As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
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.