A longer turnaround time in 2019 of 908 minutes indicates that it is taking longer for any particular load to be accepted for cartage. 2019 has seen a drop of almost 35% in terms of load turnaround time.
The DOT currently projects the weight of goods moved by truck to rise by close to 34% by 2045, compared to 2016. The value of goods moved by truck is expected to increase by approximately 66% from 2016.
By Heavy Duty Trucking
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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The increasing maturity and stability of trucking technology start-ups is evidenced by a decline in the volume of early-stage deals in 2018.
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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.
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New truck registrations across the European Union grew by 3.5% last year compared to 2017.
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Private fleets report a DOT Recordable crash rate of 0.504 crashes per million miles, a slight increase from last year’s 0.49.
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As of Jan. 1, 2020, all 2015-2017 model-year truck classes except Class 7 medium-duty units experienced a decrease in resale values.
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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.
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Large truck drivers killed in fatal crashes rarely have high blood alcohol concentrations (BACs).
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Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017.
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As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
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As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers.
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Dealers have increased both new and used truck sales. Equipment turns averaged 649,000 miles.
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