Transport Topics (April 29, 2021)
The average used Class 8 truck in March brought the third-highest price ever. That’s the word from a new ACT Research report, which found demand raging on and supply remaining tight. The March price — $52,388 — was nearly $9,000 higher than at the same point in 2020. It also jumped up from $49,563 in February. ACT Vice President Steve Tam told Transport Topics that if the industry carries on at this clip, there will be an opportunity to hit a new all-time high. The current record was logged in 2015, when the average used Class 8 reeled in $55,000.
