Transport Topics (June 30, 2021)
The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April\u2019s claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported. The average price was $58,652 compared with $41,027 a year earlier \u2014 a price ACT revised from its initial estimate of $36,954 in the 2020 period after it subsequently added participants to its database. In April, the average price was $57,371.Sales hit 20,700 compared with 16,400 a year earlier when they were smacked down amid COVID-19.\nLearn more about your ad choices. Visit podcastchoices.com/adchoices