Trade News > Trucking Logistics > Used Truck Pricing Dives

Used Truck Pricing Dives

John Gallagher | May 25, 2009 4:00AM GMT
The Journal of Commerce Magazine - News Story
A glut of trucks chopping rates, pressuring new lease terms for shippers, carriers

Overcapacity in the trucking industry is sending used truck prices plummeting and leasing companies are scrambling to minimize the damage and keep inventory rolling. Weak freight demand has forced trucking companies to sideline or sell power units, flooding


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