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2020 Fleet Statistics: Logistics, Cass Truckload, Spot Market Rates

2020 Fleet Statistics: Logistics, Cass Truckload, Spot Market Rates

2020 Fleet Statistics: Logistics, Cass Truckload, Spot Market Rates

The Cass Truckload Linehaul Index is a measure of market fluctuations in per-mile truckload linehaul rates, independent of additional cost components such as fuel and accessorials. The decline that started in 2019 has seen a slight uptick starting in mid-2020.

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.

U.S. business logistics costs, as calculated in CSCMP’s 2020 State of Logistics Report, sponsored by Penske and authored by A.T. Kearney, rose 0.6% in 2019 to reach $1.63 trillion, or 7.6% of the $21.43 trillion GDP, a 2.3% growth over 2018. The logistics industry grew as well, seeing $1.63 billion in expenditures. With 2018's fast GDP growth and capacity shortages leading to logistic costs being the highest percentage of GDP since 2018, 2019 was a return to normal.

By Heavy Duty Trucking

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2020 Fleet Statistics: Disaster Planning & COVID-19

2020 Fleet Statistics: Disaster Planning & COVID-19

The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.

Used-Truck Prices November 2020

Used-Truck Prices November 2020

As of Nov. 1, 2020, all truck classes declined in overall wholesale values.

2020 Fleet Statistics: The Business Impact of COVID-19

2020 Fleet Statistics: The Business Impact of COVID-19

How has COVID-19 impacting truck fleets related to their business and overall number of loads? How might it have actually improved things?

Used-Truck Prices October 2020

Used-Truck Prices October 2020

As of Oct. 1, 2020, pickup trucks continued the dramatic and steady month-over-month increase in wholesale values from June to October 2020.

Used-Truck Prices September 2020

Used-Truck Prices September 2020

As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.

Used-Truck Prices August 2020

Used-Truck Prices August 2020

As of Aug. 1, 2020, pickup trucks saw a huge spike in wholesale values from June to July 2020.

Used-Truck Prices July 2020

Used-Truck Prices 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.

Used-Truck Prices June 2020

Used-Truck Prices June 2020

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. 

Used-Truck Prices May 2020

Used-Truck Prices May 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. 

Work Truck's 2nd Maintenance Survey

Work Truck's 2nd Maintenance Survey

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.

Used-Truck Prices April 2020

Used-Truck Prices April 2020

As of April 1, 2020, all truck classes experienced a rise in resale values for 2015-2017 model-year units. 

Used-Truck Prices March 2020

Used-Truck Prices March 2020

As of March 1, 2020, we are back to a mix of increases and decreases in 2015-2017 model-year truck resale values.

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