Economic News

After increasing 2.5% for the week ending April 4, wholesale auction prices increased 2% during the week ending April 11. The week’s exceptional performance extends the...

Auction pricing for the newest available sleeper tractors continues to shoot into the stratosphere. There are just not enough of these trucks to meet demand.

After increasing 2.5% the week ending March 14, wholesale auction prices increased an even better 3.1% during the week ending March 21. The week’s exceptional performance...

After increasing by 2.5% the week ending March 7, wholesale auction prices continued to rise during the week ending March 14. Prices improved by a similar...

After increasing by 2.9% the week ending February 28, wholesale auction prices continued to rise during the week ending March 7. Prices improved by 2.8% for...

This week I was honored to participate in the Commercial Vehicle Business Summit. A wide range of topics were discussed over the two days, but what was clear to me is the medium duty industry is serious about electrification, particularly on the lighter-GVW end of the spectrum.

After increasing 1% the week ending Feb. 14, wholesale auction prices continued to rise during the week ending Feb. 21. Prices last week improved 0.4%, which...

After increasing 0.9% the week ending Feb. 7, wholesale auction prices continued to rise during the week ending Feb. 14. Prices last week improved 1%, which...

January is usually the lowest-volume month of the year, due to few auctions on the calendar. Because of this small sample size, we won’t draw conclusions about the market just yet. That said, our prediction the year should start strong was certainly supported by hammer prices.

After increasing 0.6% the week ending Jan. 24, wholesale auction prices continued to rise during the week ending Jan. 31. Prices last week improved 0.6% matching...