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2019 Truck Insights Statistics - Class 8 Orders

2019 Truck Insights Statistics - Class 8 Orders

2019 Truck Insights Statistics - Class 8 Orders

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. Similarly, U.S. trailer orders averaged 35,100 units/mo. in 2018, and have managed just 13,500 units per month in the three months ending May.

Much of the weakness in orders in the first half of 2019 is a reflection of the strength in orders in 2018 and the large, filled backlogs at the start of the year. We are just at the point where the order focus will shift to 2020, so weakness from here on out will be more indicative of future activity than the order weakness experienced year to date.

Despite the slowdown in orders and falling backlogs, demand for used equipment persists at high levels. In April 2019, average used prices were up nearly 15% from a year earlier. Strength in used equipment, like new equipment, is attributed both to strong carrier profitability tailwinds into 2019 and the rapid improvements in technology and fuel economy that have come into the fleet in the current decade.

Replacing an older truck with a fuel-efficient late model truck will help to offset falling freight rates.

 

By TruckingInfo

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Statistics

Used-Truck Prices June 2021

Used-Truck Prices June 2021

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.

Used-Truck Prices May 2021

Used-Truck Prices May 2021

As of May 1, 2021, all truck classes from pickups through heavy-duty class 8 units experienced an increase in wholesale values over the prior month

Used-Truck Prices April 2021

Used-Truck Prices April 2021

As of April 1, 2021, pickup trucks and Class 4-6 medium-duty units experienced an increase in wholesale values over the prior month, but heavy-duty Class 7-8 trucks experienced a small dip.

2020 Fleet Statistics: Private Driver Turnover, Full-Time Driver Snapshot

2020 Fleet Statistics: Private Driver Turnover, Full-Time Driver Snapshot

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.

2020 Fleet Statistics: Truck Driver Wages & Employment

2020 Fleet Statistics: Truck Driver Wages & Employment

Heavy-duty truck driver and tractor-trailer driver wages and employment rates vary greatly by state.

Used-Truck Prices March 2021

Used-Truck Prices March 2021

As of March. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.

2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

2020 Fleet Statistics: Medium & Heavy-Duty Auction & Retail Sales

Looking at the average price of the benchmark sleeper tractor sold through the two largest nationwide no-reserve auction companies, Class 8 auction volume increased in June.

2020 Fleet Statistics: U.S. Class 8 Tractor & Trailer Orders

2020 Fleet Statistics: U.S. Class 8 Tractor & Trailer Orders

While both tractor and trailer sales saw a surge in October of 2019, those numbers quickly started dropping, with a COVID-19-related low in April 2020 of 1,680 tractors and 209 trailers.

Used-Truck Prices February 2021

Used-Truck Prices February 2021

As of Feb. 1, 2021, all truck classes experienced decreases in wholesale values over the past month.

Miles per gallon for combination trucks (based on average miles traveled and fuel consumption)...

2020 Fleet Statistics: Sustainability and Fuel Consumption

EPA SmartWay data from 2018 shows Class 7, 8A, and 8B mileage-weighted miles per gallon data for each truck category for SmartWay program participants.

Based on its Run on Less Regional fuel-economy event, the North American Council on Freight...

2020 Fleet Statistics: Sustainability and Zero-Emission Models

The number of models of zero-emission trucks, buses, and off-road equipment available globally is expected to double between the end of 2019 and 2023.

Used-Truck Prices January 2021

Used-Truck Prices January 2021

As of Jan. 1, 2020, all truck classes experienced decreases in wholesale values over the past month.

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