The Autonomous Vehicle Industry Association (AVIA), knowing that the federal government is going to regulate them eventually, has taken a proactive approach to its problem by outlining suggestions on what it thinks the government can do to help autonomous technology flourish while keeping people safe.DetailsYou can read the entire 12 page document at the relevant […]
Life has some universal truths. We will all die one day, the sun is very hot, and the month after the holidays tends to cause a lull in the trucking industry. In regards to trailer orders, 2023’s first month of the year was not an exception to the rule. ACT Research has the numbers!January 2023 […]
On February 15th, Governor Kim Reynolds signed into law a new statute that Iowa lawmakers hope will cut through time-consuming regulations easier in the case of an emergency and will benefit truckers working to provide substantial relief through oversized loads.DetailsThe process for getting an overweight permit in Iowa is usually arduous, but Iowa wants to […]
Easily one of the greatest issues tackling the trucking industry today is the lack of available, safe truck parking. We once postulated that perhaps businesses with extra parking space could sell it, and one startup company, the Truck Parking Club, is hoping to pair weary drivers with companies hoping to make a few extra dollars […]
Winter this year is going to end not with a whimper, but with a bang, as the National Weather Service (NWS) expects this week to have tumultuous weather conditions in the midwest. Truckers beware! Details The NWS is predicting that for the rest of the week the northern midwest, including states such as Iowa and […]
The Federal Motor Carrier Safety Administration has been in the news quite a bit lately, and this article is no different. Here is a taste of what the FMCSA is planning on changing to its Safety Measurement Systems (SMS).Relearning the BASICsSome modeling that the FMCSA uses to determine high-risk drivers is the Behavior Analysis and […]
We know that the title has plenty of acronyms, so allow us to elaborate. The American Trucking Association (ATA) has a Technology and Maintenance Council (TMC) which will be hosting its annual meeting and Transportation Technology Exhibition (TTE) on February 27th.Transportation Technology Exhibition DetailsThe event will run for four days at the Orange County Convention […]
In the last two weeks the Federal Motor Carrier Safety Administration (FMCSA) has revoked three Electronic Logging Devices (ELDs) of their certification status. Drivers who had one of these three types of ELDs are required to use paper logs until they can obtain a suitable replacement. This situation highlights a serious issue in the ELD […]
Autonomous trucks are still numerous decades away from fully replacing the human driver, but that has not stopped labor unions representing truckers in California from petitioning the state Legislature to put in regulations that protect California’s truckers from becoming displaced by the technology.Autonomous AutomobileCalifornia already has set rules in place regarding self-driving vehicles that weigh […]
A new year, a new slow season! As to be expected when the holiday season ends, demand for deliveries across hundreds of miles have started to decline. Add in the lower amount of agriculture harvested within the United States, and the supply and demand equation is sure to shift. DAT Freight & Analytics has the […]
Conventional wisdom would dictate that once the slow season begins after the holidays, the number of trucking jobs would decrease. After all, all of the presents have been shipped, so demand is lower than it would be in December. In reality, this is seldom the case, and 2023 is not an exception to the rule, […]
Since August 2020, there has been an ongoing lawsuit between the American Trucking Associations’ Intermodal Motor Carriers Conference (IMCC) and numerous ocean carrier equipment organizations over the required use of specified intermodal chassises rather than truckers any chassis that fits specifications. Recently, a Federal Maritime Commission (FMC) administrative law judge ruled that this practice was […]
The American Research Transportation Institute (ATRI) releases some interesting data tidbits that the average trucker can use to better plan his or her routes. The simplest answer? Stay away from Houston!MethodologyThe ATRI lists its methodology of how it got its numbers. Here is the gist of it:Assume the optimal speed for a truck at each […]
Autonomous trucks are no doubt still far into the future, but that has not stopped the Federal Motor Safety Administration (FMCSA) from preparing to regulate them. They have announced a Supplemental Advance Notice of Proposed Rulemaking (SANPRM) where they request public feedback on how self-driving trucks should be regulated as they become more common.DetailsThe SANPRM […]
Missouri is spending money into workforce education. Out of $30 million in total to be given to 19 organizations across the state, four truck driving schools are receiving $5.9 million in grants.DetailsThe money is granted by way of the American Rescue Plan Act Workforce Training Grant, which Governor Mike Parson says, “From day one, our […]
J.D. Valuation Services is happy to report that the data they have collected show used Class 8 trucks are continuing their market correction from the highs earlier in the year and in 2021.December 2022 NumbersUsually one or two model years will go against the general trend as with what happened in November 2022, but the […]
Can we interest you in a double feature? The trucking industry has lately been firing on all cylinders, and trailer sales have not been an exception to the rule. Unlike the rest of the trucking industry, December saw an acceleration of trailer sales. ACT Research has the numbers.November and December 2022 Trailer SalesAccording to ACT […]
You might remember at the end of 2021 there was a port backlog crisis that choked an already strained supply chain. To avoid this from happening, some members of Congress are suggesting a bill to enlist the help of a previously-barred demographic: drivers not old enough to drink.DetailsTruck drivers under the age of 21 are […]
On January 16th there was an event called the Heavy Duty Aftermarket Dialogue (HDAD) conference in Texas. HDAD describes itself on its website as, “an outlook conference specifically directed toward the heavy duty aftermarket supplier industry.” One of the presenters there was MacKay & Company, which is similar to FTR and ACT Research but focusing […]
The trucking industry has been hard at work these last few months due to the holiday season. As a direct result, fleets were scrambling to get more bodies into their trucks. The Bureau of Labor Statistics (BLS) has the numbers.December 2022 NumbersDecember 2022’s preliminary estimate stands at 1,601,500. This is either the third or fourth […]
2020 was certainly a special year. A recently released report from the Bureau of Transportation Statistics (BTS) can give us some insight into how the year that most people stayed home impacted the trucking industry.Facts & FiguresThe entire document is over 230 pages long and covers many various aspects of the transportation industry, including freight […]
What’s New? Research conducted along an East Coast freight corridor found that truckers are missing out on open parking spaces due to a lack of visibility of what’s available, and drivers’ perception, based on trucks already parked along the side of the highway, that all spots are taken. “The most influential factor — or the […]
December 2022 marks the third month in a row of continuous decline for big rig orders, but when four months ago was a record month for sales, the industry still has plenty of diesel fuel left in its tank. FTR and ACT Research have the numbers.December 2022 NumbersACT Research has their preliminary numbers at 30,300 […]
The holiday season is now in the rearview mirror, so now we can look at the data from December and determine what effect the holidays have had on the trucking industry. In regards to freight rates, it appears things are going back to normal for the industry.December 2022 NumbersDry van increased three cents to $2.41 […]
What’s New? The Trucker Bathroom Accessibility Act was introduced by U.S. Reps. Troy Nehls (R-Texas) and Chrissy Houlahan (D. Pa.). If passed, the bill would require businesses with a restroom for either employees or customers to be open to delivery or pick-up drivers. The bill does not require businesses without a restroom to construct one, […]
What’s New? Starting Jan. 1, Michigan will increase its gas tax by 1.4 cents thanks to an automatic adjustment written into state law. According to Michigan legislation, and an automatic adjustment in the state law, Michigan state tax will increase from 27.2 cents per gallon to 28.6 cents per gallon. A law from when Gov. […]
J.D. Valuation Services has reported the average auction prices for used Class 8 trucks in November 2022. It is what we had anticipated the month prior: the intersection of supply and demand determining price is still the king of economics.November 2022 DetailsModel year 2020: $96,350: an increase of $7,325 (8.2%) from the month prior.2019: $77,767; […]
The Federal Motor Carrier Safety Administration (FMCSA) says that if current winter storms are any indicator of what is to come, the start of 2023 is going to be a time of great cold. As such, the FMCSA is giving hours-of-service exemptions to haulers providing heating oil, such as propane and natural gas, to numerous […]
All workers in the trucking industry may find themselves with intense work this holiday season despite record employment, as November 28th, 2022 was the biggest day for shopping in the United States ever, and most of it was done online.DetailsCyber Monday, the first Monday after Thanksgiving, is the day of the year that generates the […]
November’s truck month sales are a repeat episode of October’s: the count is high, much higher than the 2021 equivalent, but has decreased from the month prior. ACT and FTR have the numbers!November 2022 NumbersACT has preliminary orders at 33,000 while FTR reports 34,300. While this is lower than October’s estimate of 43,200, it is […]
What’s New? On Dec. 2 President Joe Biden signed a bill to end the long-standing labor agreement between a freight rail station and its union workers. “The bill I’m about to sign ends a difficult rail dispute and helps our nation avoid what without a doubt would have been an economic catastrophe at a very […]
On December 1st, two senators from both sides of the political aisles introduced the Truck Parking Safety Improvement Act. Should it be passed into law, it would enable $755 million of investment spending into public truck parking spaces. Details The phenomenon of truck parking demand exceeding supply is nothing new. Some city governments are taking […]
It has finally happened. A day we almost thought would never come due to delay on top of delay, but it is finally here.At the GigaFactory party in Nevada, Elon Musk did the honors of handing the first Tesla Semi vehicle key card to the CEO of PepsiCo North America. Is this the start of […]
Every month the Bureau of Labor Statistics updates its estimates for job numbers in various industries for the past three months. Here is what is going on in NAICS 484: the trucking industry.November 2022 NumbersThe preliminary employment count for November 2022 is 1,601,300. A new record for the industry!The initial revision for October 2022 is […]
The quiet before the storm of the holiday season.Freight rates have encountered another slight decrease similar to what happened in October. Here are the DAT numbers.November 2022 NumbersDry van decreased another four cents to $2.38 per mile.Flatbed, like the month prior, dropped four cents. It is now averaging $2.83 per mile.Reefer rates stood stagnant at […]
If you have been watching gasoline and diesel fuel prices like we have, you might have noticed a trend regarding the two liquid fuels. Gasoline has its prices vary over time drastically, but diesel continues to command high prices. Why is this? There are numerous reasons that add up, here are two factors you may […]
Fleets operating within the drayage profession may want to start looking in the general direction of the sunrise, as an interesting phenomenon is happening regarding U.S. imports: some companies are opting to go around the United States rather than through it.Decrease at Long BeachExperts estimate that the amount of goods by weight being processed at […]
What’s New? The United States House of Representatives voted on Nov. 30 to pass a bill that would force the railroad and the unions to abide by the terms outlined in the September tentative agreement. The measure passed by a vote of 290-137 and now heads to the Senate. If approved, it will be quickly […]
What’s New? A strike could occur as early as Dec. 9 now that freight carriers union SMART-TD has rejected the tentative agreement negotiated in mid-September by Labor Secretary Marty Walsh and other officials. The Sheet Metal, Air, Rail, and Transportation Workers union and their 500+ Transportation Division members made the announcement on Nov. 21. Another […]
When you think of Tesla Motors, the human you are most likely to think of is Elon Musk. This article is instead about JB Straubel. He was the fifth employee to work at Tesla who only left the company as late as 2019, and now has his own company, Redwood Materials Inc.. It appears as […]
Much like with the truck sales numbers we have been seeing in the past few months, trailer sales are going through a renaissance at the moment, as supply chain issues that have been plaguing the trucking industry for numerous months are finally starting to clear up. ACT Research and FTR have the numbers!October 2022 NumbersACT […]
The month prior, September, was a record-breaking month for truck sales within the industry, so it was hardly feasible that October would be able to top it. While it predictably did not, it still outperformed the rest of the year by a wide margin. FTR has the numbers!October 2022 Sales NumbersFTR pins the preliminary net […]
You may remember a month ago that we wrote about the case regarding RhodeWorks, a system of tolls that targeted truckers to raise revenue for infrastructure. One thing we mentioned that is worth repeating is that the $100 million that the RhodeWorks tolls accumulated over the duration of the litigation is theirs to keep. As […]
While it is true that we are not going to run out of fuel any time soon, it is undeniable that people reliant on energy are feeling the strain of higher prices. In direct response to this, three states have enacted States of Emergencies to mitigate wallet damage.NebraskaGovernor Pete Ricketts of Nebraska has enacted a […]
We are about a month away from total havoc. We were also a month away from no more diesel fuel about a month ago, and the month before, and the month before. This is simply how the lead-time for diesel fuel works. Allow us to explain. Production Vs. Consumption In general, fuels of all types […]
What’s New? On Saturday, November 5, the International Association of Machinists and Aerospace Workers union members approved the terms of the deal presented by the railroad. If you’ll recall, on July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the already fragile supply chain by delaying the […]
We at TopMark Funding have been busy. So busy, that we skipped a month on posting about monthly jobs in the trucking industry according to the Bureau of Labor Statistics (BLS). This month, we are getting it out of the way immediately so as to not forget. October (and September) 2022 Numbers October 2022’s first […]
History repeats itself. In September, the month prior, the rates for all three forms of freight decreased. October also had decreases for the month, but the extent to which all three decreased was lower than it was before. With the holiday season quickly approaching, is this a sign of a turnaround? DAT Freight & Analytics […]
What’s New? The American Trucking Associations Law Enforcement Advisory Board, which consists of 37 retired and active law enforcement professionals with over 900 combined years of experience, sent letters to the governor’s office and the state department of transportation of all 50 states. The letters urged the states to apply for additional federal funding to […]
What’s New? US Route 212 was awarded $10 million on Sept. 15 from the Infrastructure for Rebuilding America federal funding account. Route 212 is a major corridor that connects Southwest Minnesota and Twin Cities. The corridor spans 161 miles in Minnesota and connects 22,000 square miles of Minnesota and South Dakota. The funds will be […]
What’s New? On October 11, the Biden Administration announced that $60 billion (yes, billion with a “B”) of federal funding would be used to repair transportation corridors nationwide. “America’s roads and bridges are the vital arteries of our transportation system, connecting people and goods across the country,” Transportation Secretary Pete Buttigieg said. On Oct. 13 […]
Global supply chain shortages, ravaging the trucking industry for the better half of a year, may finally be coming to an end, as both ACT Research and FTR report numbers that are higher than they were in August.September 2022 NumbersACT Research pins the number at 25,700, while FTR has revised its preliminary numbers from 12,500 […]
J.D. Valuation Services reports that while some used truck models increased in value at auction and others decreased over the month of September, the decreases were larger than the increases and created a net drop in used auction rates for the month.September 2022 NumbersModel year 2021: $147,458 (No comparison to August)2020: $89,336, a decrease of […]
Background On July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the fragile supply chain by delaying the shipment of goods for at least 60 days. To combat this, President Biden appointed a board of arbitrators, the Presidential Emergency Board, to help the dispute with contract building […]
Coming hot off the heels of the news of OPEC Plus slashing oil production by two million barrels of oil per day, Joseph Biden announced that he will once again be tapping into the Strategic Petroleum Reserve to help alleviate prices. Details The Strategic Petroleum Reserve is a well of crude oil near the Gulf […]
Thirty-one months to flatten the curve. In our last update regarding the coronavirus State of Emergency from the FMCSA, we talked about how the change in pace from the exemption being renewed every ninety days to every forty-five days could mean the Declaration may be on its last legs. It appears that that rings true, […]
The Commercial Vehicle Safety Alliance (CVSA) is no stranger to having inspections on commercial vehicles for safety purposes, lest we forget the International Roadcheck that happened earlier this year. As it turns out, they have done another one, this time, the Hazardous Materials/Dangerous Goods Road Blitz.DetailsIf this is your first time hearing about this event […]
Joseph Robinette Biden Jr. is not a stranger to speaking to stakeholders in the trucking industry. Just a little over a year since he spoke at a Mack Trucks Plant in Pennsylvania, he is back at it again at a Volvo Group powertrain plant in Maryland. While there, he spoke about the economy for the […]
What’s new? Texas Department of Transportation has announced its plan to spend $85 billion on roadways, focusing on congestion, enhanced transportation safety, and improved highways over the next 10 years. The governor gave the stamp of approval on Aug. 30. The 188-page document outlines the planning and development for the Unified Transportation Program, which also […]
The trucking industry is composed of numerous facets that all interconnect with one another. While it would be nice to say everything in the trucking industry is sunshine and roses all of the time, that is simply not the case and while most of the industry can be thriving, good news in some aspects of the trucking industry can sometimes lead to less favorable news in others. Case in point: freight rates taking a slight dip in the last month.
When demand outpaces supply for an extended period of time, it is like a shaken bottle of soda. Eventually, it is going to erupt. According to the preliminary numbers provided by FTR, that is exactly what happened in September.September 2022 NumbersFTR estimates the sales for September 2022 to be 56,500 units. That is:169% more than […]
We do not post monthly updates for the ATA’s Truck Tonnage Index, which tracks a quality estimate of the total weight of freight hauled by all trucks in a month when compared to 2015. In any case, this is a special time and a cause for celebration, as the ATA Truck Tonnage Index is a […]
There appears to always be some weather phenomenon going on somewhere in the fifty states that comprise this country. This time, the topic of interest is Hurricane Ian, the second major hurricane of this year’s hurricane season. In response to it, the Federal Motor Carrier Safety Administration (FMCSA) has declared a State of Emergency to […]
Tropical Depression Nine was spotted approximately 1,000 miles southeast of Florida on September 23rd, 2022, and the Sunshine State is expecting it to brush up against its shores. In a direct proactive response, Governor Ron DeSantis is issuing a State of Emergency that is fourteen sections long and is far longer than any typical Declaration […]
Truckers traveling along I-95 and other highways through Rhode Island have been paying tolls targeted towards them since 2018, but the U.S. District Court says that this must go on no longer.DetailsSince RhodeWork’s initial planning in 2015 the state has implemented twelve toll booth locations, with a thirteenth along the way had the U.S. District […]
America can always use more unsung heroes of the road. Florida Governor Ron DeSantis agrees with the sentiment, and on September 15th the governor granted $8.2 million dollars to five community colleges to boost their vocational trucking programs.DetailsFlorida is hoping that the one-time payment of $8.2 million will increase the number of truckers these five […]
What’s New? On Thursday, Sept. 15 U.S. Secretary of Transportation Pete Buttigieg announced that the Biden-Harris Administration has awarded $1.5 billion for highway, multimodal freight, and rail projects that will make the nation’s transportation and infrastructure systems safer and more resilient. “Today we are announcing transformative investments in our nation’s roads, bridges, ports, and rail […]
What’s New? Illinois Department of Transportation’s Data-Driven Decisions Tool has selected 13 projects for state investment improvements. The tool was used to determine which projects would benefit the most under the state’s Multi-Year Program (fiscal years 2023 to 2028). The analytics tool was used to assess current infrastructure projects adding highway capacity to a 6-year […]
International Roadcheck 2022 was a little over four months ago, and now the Commercial Vehicle Safety Alliance has published its findings of the 72-hour inspection blitz across the North American continent.ResultsThe CVSA performed 59,026 inspections over 72 hours, or over thirteen per minute.Mexico continues to reign supreme of the three countries in terms of out-of-service […]
Of all the various regulations the FMCSA requires, the ELD mandate is one of the most confusing. Truckers are required to use an approved Electronic Logging Device, but seldom does the FMCSA update the list to show which are allowed and which are not. Now the FMCSA wants to revise its mandate, and it wants […]
On September 19th the Truck Safety Coalition released a document listing the number of fatalities for each state, both by total number and by population. Here are those results.MethodologyThe Truck Safety Coalition compiled data from the National Highway Traffic Safety Administration (NHTSA) on truck crash fatalities in 2020, the latest data, and compared it to […]
It is widely considered that the most dangerous part of a Class 8 truck is the driver behind the wheel. If he or she is not actively paying attention, catastrophic damage can occur. Autonomous trucking technology is slowly getting better, but long before trucks ever become fully automatic, they will become easier to handle but […]
We have talked before about an impending decrease in auction prices due to demand slowly decreasing as a direct result of higher prices, but has that happened yet? It is hard to say, as some year models have dropped and others have risen. J.D. Valuation Services has the numbers.August 2022 NumbersModel Year 2021: No trucks […]
While the State of Emergency regarding hours-of-service and COVID-19 has been extended only forty-five days, its sister declaration regarding the handling of Commercial Learner’s Permits (CPLs) has been extended the typical ninety days.DetailsUnder normal circumstances, a CLP driver needs to have a driver with a CDL riding shotgun for the duration of training. With coronavirus […]
“Women are significantly underrepresented in the trucking industry, holding only 24 percent of all transportation jobs,” FMCSA Deputy Administrator Robin Hutcheson once said in a statement. The Biden-Harris administration is interested in making the industry more representative of the population as a whole, and is founding the Women of Trucking Advisory Board (WOTAB).DetailsWOTAB’s inaugural committee […]
It is that time of year again. Do you love telling people your opinion? If you do, the American Transportation Research Institute (ATRI) wants to know what your greatest priorities are regarding current trends within the trucking industry.DetailsThe survey can be found on the ATRI’s survey webpage. For its methodology, the survey gives you twenty-eight […]
The trucking industry is always changing, and the research organizations are always revising their numbers. As such, we wanted to give you an update not only for July’s sales numbers, but also a change to what happened in June. June Numbers Increase In a previous article we reported that trailer sales for June 2022 were […]
What’s New? Early on Sept. 15, it was announced that the six Class I railroads and union workers reached a tentative deal with the management council for the rail carriers. The tentative deal prevented about 115,000 conductors, engineers, and other employees from staging a walkout. In a statement by President Biden, he said this deal […]
What’s New? According to the Energy Information Administration, data report released on Sept. 12, diesel fuel dropped 5.1 cents to $5.033 a gallon. The price of diesel fuel jumped on Aug. 29 to $5.115 after being below $5 for nine weeks. Diesel Gas September Predictions According to EIA, based on their Short-Term Energy Outlook Sept. […]
What’s New? The Department of Transportation is giving $513.2 million to 30 states as part of their Emergency Relief Program. The goal of the program is to provide relief to communities after extreme weather and wildfires. “From recent hurricanes that struck the Gulf Coast, to wildfires in California and floods and mudslides in numerous states, […]
July 2022 was, as expected, a relatively weak month for truck sales. As such, it is hardly a surprise that the truck sales for August were significantly higher. FTR has the numbers.August 2022 Truck SalesFTR places their estimate for August 2022 truck sales at 21,400, which is an increase of about double what it was […]
We have written about railroad strikes before, but we have not yet discussed in detail to what extent it would impact the trucking industry. Chris Spear of the American Trucking Associations (ATA) has an idea of what it would be. Details Trucking and railroad are invariably intertwined: oftentimes a railroad will cover the majority of […]
The trucking industry continues to roll on, with more drivers on the road than ever. The Bureau of Labor Statistics has posted updates. August 2022 Employment Numbers The first preliminary numbers for August 2022 pins the count at 1,595,500. July 2022’s second preliminary pegs the number at 1,594,700. This is a decrease of 300 from […]
The United States is suffering from a water distribution problem this summer: while the west coast cannot get enough water, the east coast is experiencing torrential downpour. As of the start of September seven states are undergoing States of Emergencies regarding water, be it a dearth or an abundance.AlaskaAlaska is the largest state in the […]
We were hoping on August 31st, the last day of the previous extension, that it would be the last. In the final hours, however, the Federal Motor Carrier Safety Administration has extended the Declaration another 45 days. This is the first time that the regulatory body has extended it by this period of time, usually […]
Background On July 15, President Joe Biden blocked a freight railroad strike in Omaha, Nebraska. This strike would disrupt the fragile supply chain by delaying the shipment of goods for at least 60 days. To combat this, President Biden appointed a board of arbitrators, the Presidential Emergency Board, to help the dispute with contract building […]
House Bill 479 aims to increase fines for truck drivers who park in residential parking, increasing fines up to $2,000. Currently, the bill is waiting on action from Delaware Gov. John Carney after it went through the General Assembly unopposed. “Staff from the governor’s office usually reach out to the chief clerk of the House […]
The temperature across the nation is not the only thing that is white-hot right now, freight rates have been experiencing similar extremes these last handful of months. Like the weather of the year, it appears that the rates are starting to cool down.August 2022 Freight RatesDry van decreased eleven cents to $2.53 per mile.Flatbed decreased […]
What’s New? Aug. 30 – Gas prices have fallen for 70 days consecutively. This is the second longest decline in gas prices since January 2015, falling for 117 days. According to AAA, gas prices are averaging about $3.892 per gallon after reaching a record high of $5.016 per gallon in June. Diesel Gas 2023 Predictions […]
Any trucker who has been on the road for longer than a week knows that it is hard to find dedicated parking to put the truck for a night. Oftentimes a trucker will have to make due with covering multiple spots intended for four-wheelers or a long stretch of curb in residential areas. New York […]
Knowledgeable truckers know how to use Section 179 of the tax code to get a discount on their latest additions to their fleet. In this article we will go over things you should know about this trick for your truck, though understand that we are not tax lawyers.What is Section 179?Section 179 allows a business […]
We have been so busy with covering other aspects of the trucking industry that we let a monthly update slip through our fingers. To make up for it, here is a double feature covering the Class 8 sales for June and July, using numbers from FTR.June 2022 NumbersFTR pins the number of Class 8 truck […]
Another month, another round of used Class 8 auction rates from our friends at J.D. Valuation Services. In this case, the downward trend mostly continues as four out of five model years saw prices decline in varying levels of intensity.July 2022 NumbersModel year 2021: $145,278. A decrease of $8,611 (5.6%) from June.2020: $116,840, a $5,839 […]
