Longer term, there is much discussion about how the industry may look in the future due to COVID-19. But what may be better moving forward? How has COVID-19 impacting truck fleets related to their business and overall number of loads?
When asked to compare their business volume to normal levels, early during the pandemic outbreak, losses in business were lower, and many fleets actually saw increases to restock from panic buying.
By Heavy Duty Trucking
As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units.
Access Now
As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.
Access Now
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.
Access Now
As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
Access Now
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.
Access Now
As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
Access Now
For U.S. Class 8, orders averaged 40,800 units per month in 2018, but for the first half of 2019, just 14,600 per month.
Access Now
As of October 1, 2019, pickup truck values have remained relatively stable compared to the drop experienced in August 2019.
Access Now
As of September 1, 2019, pickup truck values rose from the drop experienced in August 2019, while Class 4-8 trucks all decreased on value compared to the same time last month.
Access Now
As of August 1, 2019, pickup truck values are continuing to drop from their peaks in May and June.
Access Now
As of July 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks started to shake up a little.
Access Now
As of June 1, 2019, overall wholesale values for all pickups and Class 4-8 trucks continued to decline since same time last year.
Access Now
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In