In its latest report on the used truck market, ACT Research said volumes for used Class 8 trucks slipped slightly in May due to the retail market slowing 4% month over month. Auction and wholesale segments saw month over month gains.

“The average selling price of total reported Class 8 trucks sold in May remains largely a ‘more of the same story,’” said Steve Tam, vice president-Commercial Vehicle Sector with ACT. “Since January, prices have stayed within a very narrow band. This pattern is driven primarily by retail activity, which comprises about 70% of total reported Class 8 transactions so far in 2013,” he added. “Longer term softness is expected to be the order of the day.”