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What’s the story in the used truck market?

August 17, 2022

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The story hasn’t changed all that much in the truck market over recent years. Supply is down, demand is up and prices are sky high. And while that’s still the case in the new truck market, Steve Tam of ACT Research says we are seeing things move in the used truck market. He joins us to talk about what the latest numbers tell us.


Listen to our full show

Steve Tam of ACT Research says we are seeing things move in the used truck market. He joins us to talk about what the latest numbers tell us. Also, contract rates continue to decrease, which means we’re into the next phase of the freight market cycle, where contract rates should decrease throughout the rest of this year and into next. We’ll get the latest numbers on the Members Edge load board from DAT’s Dean Croke. And we’ve all heard plenty about all the problems that can go with lease-purchase agreements – especially those run by carriers Yet Marty Ellis says more and more truckers continue to get involved with them.


Catch up on the news with Scott Thompson

Traffic death numbers continue to climb at a record pace. A geomagnetic storm could spell trouble for your ELD or cell phone this week. And Love’s scraps plans to build a truck stop amid a raging case of NIMBYism.


Contract rates may be headed down

Contract rates continue to decrease, which means we’re into the next phase of the freight market cycle, where contract rates should decrease throughout the rest of this year and into next. We’ll get the latest numbers on the MembersEdge load board from DAT’s Dean Croke.


Lease-purchase advice

We’ve all heard plenty about all the problems that can go with lease-purchase agreements – especially those run by carriers Yet Marty Ellis says more and more truckers continue to get involved with them.


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