Today's Trucking Staff

Used Truck Prices Still Increasing, Trailer Orders Ease preview image Used Truck Prices Still Increasing, Trailer Orders Ease article image

Used Truck Prices Still Increasing, Trailer Orders Ease

COLUMBUS, IN - Used heavy truck prices in the U.S. during May took a break from their increasing pace. Commercial vehicle data provider Act Research reports the average cost in April experienced a leveling off, in keeping with the trend of flattening age and mileage, coming in just shy of US$50,000.Compared to April, the average price is up eight percent from last year, with the gains in line for ACT's expectations of five percent to 10 percent price growth in 2015 in the Class 8 sector. Total reported sales volumes of used Class 8 trucks fell to 2,496 units in May, down 11 percent month-over-month, but up three percent year-over-year. "Volume softening can be seen in the retail and wholesale markets, with month over month declines of 12 percent and 14 percent, respectively," said Steve Tam, vice president, commercial vehicle sector with Act Research. "Auction transactions saw a nine percent increase month over month, eight percent above volumes from May 2014. Our guidance for full year 2015 sales remains unchanged."

OTA Helps Toronto Truckers Avoid “Pan-Am-Monium” preview image OTA Helps Toronto Truckers Avoid

OTA Helps Toronto Truckers Avoid “Pan-Am-Monium”

TORONTO - Pan Am traffic tie-ups are already starting, but on Friday the Ontario Trucking Association (OTA) hosted a gathering of carriers, Ministry of Transportation (MTO) officials and other parties to craft a plan to minimize Pan Am traffic woes. The Pan Am Games run from July 10 to the 26 and and Parapan Games are from August 7 to 15. Starting this week and for the duration of the games, the Greater Toronto Area (GTA) is looking at road closures; signal-timing modification; parking and stopping restrictions; turning restrictions; conversion of roads to one-way operations, police-managed traffic control points; and the increase or transfer to carpool lanes on many (GTA) highways.

Canadian Trucking Moving Toward ‘Sustained Mobility’ preview image Canadian Trucking Moving Toward 'Sustained Mobility' article image

Canadian Trucking Moving Toward ‘Sustained Mobility’

LAVAL, QC -- Canada's trucking industry is making progress toward what one tire manufacturer calls "sustainable mobility." The reason, according to Michelin Canada, is three provinces now have load parity legislation in place following the recent move by Manitoba to adopt new regulations, allowing wide base single heavy truck tires to operate at the same weight limits as conventional dual tires.