🎣 Warrants Served
Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
April saw a 20% year-over-year decrease in used Class 8 truck sales, falling to 17,600 units, accompanied by a 29% drop in average price, according to ACT Research. With inventory growing and demand softening, Steve Tam, Vice President at ACT Research, anticipates demand for used equipment will likely decrease as freight volumes continue to contract. However, industry insiders are hopeful for a market turnaround by year's end.
Source: Transport Topics
Join over 10K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe now & be sure to check your inbox to confirm (and your spam folder just in case).