Sales of used Class 8 trucks experienced a notable increase during June, a development attributed to persistent strong freight market conditions and ongoing limitations in inventory, according to data from ACT Research. This surge in demand for pre-owned heavy-duty vehicles highlights a sustained need for trucking capacity within the logistics sector.
For freight forwarders and operations managers, this trend suggests that acquiring new or additional trucking capacity may remain challenging and potentially more expensive. The tight inventory in the used truck market, combined with strong demand, can lead to higher prices for equipment. This could translate into increased operational costs for carriers, which may then be passed on to shippers through elevated road freight rates. Forwarders should anticipate potential impacts on lead times for securing truckload capacity and consider longer-term planning for their road transport needs.
