Breaking Down The Inflated Truck Prices
If your company is struggling to find trucks for your drivers- you’re not the only one. Used truck volumes at auction have dropped 82% while truck prices have doubled in the last year. In June 2020, the two largest auction houses reported over 1,000 used trucks to hit auction compared to this year’s 192, according to JD power reports. This is a straight reflection of the market’s overall health.