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.
By TruckingInfo
As of May 1, 2021, all truck classes from pickups through heavy-duty class 8 units experienced an increase in wholesale values over the prior month
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As of April 1, 2021, pickup trucks and Class 4-6 medium-duty units experienced an increase in wholesale values over the prior month, but heavy-duty Class 7-8 trucks experienced a small dip.
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Although labor issues remain a significant challenge for respondents in the National Private Truck Council's annual survey, they continued to report retention and turnover performance far better than their for-hire colleagues.
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Heavy-duty truck driver and tractor-trailer driver wages and employment rates vary greatly by state.
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As of March. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.
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Looking at the average price of the benchmark sleeper tractor sold through the two largest nationwide no-reserve auction companies, Class 8 auction volume increased in June.
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While both tractor and trailer sales saw a surge in October of 2019, those numbers quickly started dropping, with a COVID-19-related low in April 2020 of 1,680 tractors and 209 trailers.
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As of Feb. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.
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EPA SmartWay data from 2018 shows Class 7, 8A, and 8B mileage-weighted miles per gallon data for each truck category for SmartWay program participants.
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The number of models of zero-emission trucks, buses, and off-road equipment available globally is expected to double between the end of 2019 and 2023.
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As of Jan. 1, 2020, all truck classes experienced decreases in wholesale values over the past month.
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Spot rates were all about the old adage “what goes up must come down.” After strong growth in 2017 and 2018, rates in 2019 were sharply negative through mid-year before firming.
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