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.
Heavy-duty trucks have experienced the biggest drop of all truck classes in May after a huge comeback in April. It is clear that the current COVID-19 pandemic is having an impact on resale values, but it's still too early to determine the full overall impact.
Values are provided by Black Book, and reflect pricing as of May 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
Large truck drivers killed in fatal crashes rarely have high blood alcohol concentrations (BACs).
Carriers in the specialized category saw costs rise by 4 cents per mile to 22 cents per mile between 2016 and 2017.
As of November 1, 2019, pickup truck values have continued a slow, downward trend since a peak in June 2019.
As in 2017, for-hire and private fleets account for half of aftermarket parts demand of Class 6-8 trucks and trailers.
Dealers have increased both new and used truck sales. Equipment turns averaged 649,000 miles.
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.
The total number of structurally deficient bridges has continued to decrease year-over-year.
As of October 1, 2019, pickup truck values have remained relatively stable compared to the drop experienced in August 2019.
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.
In this report, we present data on vehicle age, mileage, maintenance cost, and labor hours. Data is organized by type of vehicle, including refuse trucks, sedan and SUV police vehicles, dump trucks, pickup trucks, and fire equipment.
The average marginal cost per mile for fleets rose 6% in 2017 to $1.69, thanks largely to increased fuel and driver costs.
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.