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Commercial Truck Trader Adds Text Messaging

Commercial Truck Trader announced the addition of an SMS text messaging feature enabling buyers to initiate text conversations about vehicles of interest directly from the relevant listing.

Class 8 Orders Remain Strong, Medium-Duty Consistent

Orders for Class 8 trucks moderated from the record-setting levels of this summer, but were still 21% better than a year ago, according to ACT Research, while used-truck sales improved over September. However, cancellations rose.

Used Truck Prices up 9% Over Last Year

Record-setting orders for new Class 8 trucks are apparently not creating a used-truck glut, if used-truck prices are any indication. However, the growth in prices is expected to slow.

Used Trucks Remain a Buyer’s Market

Used truck prices stayed relatively flat in July but remained at favorable levels compared with the same month a year ago, according ACT Research.