Best Driver Jobs

November 2016

Issue link: https://read.dmtmag.com/i/740514

Contents of this Issue

Navigation

Page 31 of 79

Class 8 Feature Used truck pricing had been ac- celerating in recent years, as the low truck builds of the Great Recession and after — 2008, 2009 and 2010 — capped the used market's supply. The new truck build rates of those years caused a "shrinking, shrink- ing, shrinking" supply until 2013, Clough says, when the market stabilized some. Used truck demand jumped into the pric- ing equation in 2015, when freight and rates began fi zzling. Since the middle of last year, both truck supply and truck demand caused used truck prices to begin tumbling. "Spot rates affect used truck buyers more," Clough said, "because they tend to work that market more." bdj 28 November 2016 BestDriverJOBS www.bestdriverjobs.com Truck build rates in recent years.

Articles in this issue

Links on this page

Archives of this issue

view archives of Best Driver Jobs - November 2016