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.
(The latest American Trucking Associations turnover figures released, from the third quarter of 2019, showed turnover at large truckload fleets at an annualized rate of 96%, and 73% for smaller fleets.)
However, driver turnover continued to creep up, this year reaching close to an all-time high of 18.5%. For comparison purposes, last year, private fleets reported turnover of 16.9%, up a point and a half over the previous year’s 15.4% average turnover.
By Heavy Duty Trucking
As of June 1, 2022, medium-duty trucks Class 4 through Class 7 experienced a month-over-month drop in overall wholesale values.
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As of May 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month rise in overall wholesale values.
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As of April 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month drop in wholesale values.
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As of March 1, 2022, all truck classes experienced a stabilitization of wholesale values.
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Starting with our January 2022 report, find more model-year and truck info than ever before.
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As of Dec. 1, 2021, all truck classes, from pickups to Class 4 medium-duty through heavy-duty Class 8 units, experienced an increase in wholesale values over the prior month.
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As of Nov. 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty Class 8 units, experienced a decrease in wholesale values over the prior month.
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As of Oct. 1, 2021, average wholesale values for 2016-2018 model-year light-, medium-, and heavy-duty trucks were all over the place.
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As of September 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty class 8 units, experienced an increase in wholesale values over the prior month.
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As of August 1, 2021, all truck classes from pickups to heavy-duty class 8 units experienced an decrease in wholesale values over the prior month. Medium-duty Class 6 units experienced the highest decrease month-over-month.
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As of July 1, 2021, all truck classes from medium-duty Class 4 heavy-duty class 8 units experienced an increase in wholesale values over the prior month. Pickup trucks were the only class to see a decrease in wholesale values.
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As of June 1, 2021, all truck classes from pickups through heavy-duty class 8 units experienced a decrease in wholesale values over the prior month.
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