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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 cover pickup trucks and the medium-duty Class 3-7 market as well as heavy-duty...

Used-Truck Prices June 2022

As of June 1, 2022, medium-duty trucks Class 4 through Class 7 experienced a month-over-month drop in overall wholesale values.

Used-Truck Prices May 2022

Used-Truck Prices May 2022

As of May 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month rise in overall wholesale values.

Used-Truck Prices April 2022

Used-Truck Prices April 2022

As of April 1, 2022, pickup trucks and medium-duty trucks through Class 7 experienced a month-over-month drop in wholesale values.

Used-Truck Prices March 2022

Used-Truck Prices March 2022

As of March 1, 2022, all truck classes experienced a stabilitization of wholesale values.

Used-Truck Prices January 2022

Used-Truck Prices January 2022

Starting with our January 2022 report, find more model-year and truck info than ever before.

Used-Truck Prices December 2021

Used-Truck Prices December 2021

As of Dec. 1, 2021, all truck classes, from pickups to Class 4 medium-duty through heavy-duty Class 8 units, experienced an increase in wholesale values over the prior month.

Used-Truck Prices November 2021

Used-Truck Prices November 2021

As of Nov. 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty Class 8 units, experienced a decrease in wholesale values over the prior month.

Used-Truck Prices October 2021

Used-Truck Prices October 2021

As of Oct. 1, 2021, average wholesale values for 2016-2018 model-year light-, medium-, and heavy-duty trucks were all over the place.

Used-Truck Prices September 2021

Used-Truck Prices September 2021

As of September 1, 2021, all truck classes except pickups, from Class 4 medium-duty to heavy-duty class 8 units, experienced an increase in wholesale values over the prior month.

Used-Truck Prices August 2021

Used-Truck Prices August 2021

As of August 1, 2021, all truck classes from pickups to heavy-duty class 8 units experienced an decrease in wholesale values over the prior month. Medium-duty Class 6 units experienced the highest decrease month-over-month.

Used-Truck Prices July 2021

Used-Truck Prices July 2021

As of July 1, 2021, all truck classes from medium-duty Class 4 heavy-duty class 8 units experienced an increase in wholesale values over the prior month. Pickup trucks were the only class to see a decrease in wholesale values. 

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.

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