ACT Preliminary Used Class 8 Data Shows Volumes Up 54% M/M, 6% Y/Y
JUL 17, 2020 - 6:55 am
Preliminary used Class 8 volumes (same dealer sales) grew 54% month over month in June, according to the latest report from ACT Research. Longer-term, volumes rose 6% compared with June 2019 but were flat when measured against the first six months of last year.
Other data released in ACT’s preliminary report included month-over-month comparisons for June 2020, which showed that average prices were down 4%, while average miles and average age each increased, up 4% and 1%, respectively, compared with May. Year to date, average price, miles and age were all lower, down 13%, 3% and 8%, respectively, compared with the first six months of 2019.
Additionally, ACT Research created a COVID-19 MARKET WATCH webpage to track noteworthy high frequency macroeconomic and transportation-specific market indicators.
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