Transport Topics (April 27, 2022)

The average retail price of a used Class 8 vehicle has pushed past the $100,000 mark for the first time, ACT Research reported. In March, used Class 8 trucks sold for an average of $101,736, nearly double what they sold for a year ago, ACT said. Total sales climbed, too. ACT estimated used Class 8 sales in March reached 25,200 compared with 23,800 a year earlier. Fleets are not selling their used trucks at the normal pace because they can’t replace them with new trucks, as truck makers continue to face persistent supply chain woes that have crimped production for many months. Learn more about your ad choices. Visit podcastchoices.com/adchoices