The latest Sandhills Global Trucks & Trailers report for March 2026 highlights continued contraction in used equipment inventory across heavy-duty trucks, semi-trailers and medium-duty trucks.
U.S. Used Heavy-Duty Trucks
- Inventory levels in this market decreased 5.07% month over month and 15.71% year over year in March and are trending down. The largest decreases occurred among used sleeper trucks, down 5.83% M/M, and used day cab trucks, down 19.49% YOY.
- Asking values decreased 1.53% M/M and 2.45% YOY in March and are trending down. Used sleeper trucks posted the largest M/M asking value decrease at 2.02%, while used day cab trucks had the largest YOY decline at 3.94%.
- Auction values rose 0.68% M/M in March but decreased 1.05% YOY and are trending sideways. Used day cab trucks posted the largest M/M auction value increase at 2.01%, while the same category exhibited the largest YOY decline at 2.33%.
U.S. Used Semi-Trailers
- Inventory levels of U.S. used semi-trailers fell 4.3% M/M and 27.01% YOY in March and are trending down. Inventory levels in this market have been trending down for eight consecutive months. Used reefer trailers posted the largest M/M inventory decrease at 13.79%, while used flatbed trailers had the largest YOY decline at 29.22%.
- Asking values decreased 0.18% M/M in March but inched up 0.41% YOY and are trending up. Used drop deck trailers posted the largest M/M asking value decrease at 1.21%, while used dry van trailers posted the largest YOY decline at 5.74%.
- Auction values increased 2.9% M/M and 1.4% YOY in March and are trending up. Used reefer trailers posted the largest M/M auction value increase at 6.14%, while used dry van trailers had the largest YOY decline at 10.95%.
U.S. Used Medium-Duty Trucks
- Inventory levels of U.S. used medium-duty trucks are trending down and have been trending down for seven consecutive months. In March, inventory fell 5.56% M/M and 27.93% YOY.
- Asking values dropped 2.36% M/M and 7.58% YOY in March and are trending down.
Auction values decreased 3.58% M/M and 6.72% YOY in March and are trending down.
