As of Dec. 1, 2020, pickup trucks have continued to dip after the increase in wholesale values from June to September 2020.
As a matter of fact, all truck classes from pickups to medium-duty Class 5-6 as well as Class 7-8 heavy-duty trucks saw a decrease in wholesale prices month-over-month. Class 8 heavy-duty trucks recovered from the huge dip seen in August 2020 but have since leveled out from the climb in October.
Values are provided by Black Book, and reflect pricing as of Dec. 1, 2020. Black Book truck prices are updated regularly, and reflect wholesale values gathered from auctions around the country via onsite personnel and data feeds. Retail values are based on market studies.
By Work Truck
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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The pandemic could drive more fleets to consider emergency planning and has increased vehicle operating expenses for many fleets.
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As of Sept. 1, 2020, pickup trucks continued the dramatic and steady month-over- increase in wholesale values from June to September 2020.
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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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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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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.
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The total number of structurally deficient bridges has continued to decrease year-over-year.
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U.S. business logistics costs, as calculated in CSCMP’s 2019 State of Logistics Report, sponsored by Penske and authored by A.T. Kearney, rose 11.4% in 2018 to reach $1.64 trillion, or 8% of the $20.5 trillion GDP.
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