Posted Friday May 20, 2022 in Business, Technology
With historic inflation and supply chain constraints amid high freight demand still creating equipment acquisition concerns, Corcentric – a financial procurement and asset management services company – recommends stepping up fleet maintenance and casting a wider net for suppliers.
Posted Friday January 28, 2022 in Technology
The average retail price for a used Class 8 vehicle in December forged ahead to another monthly record as it cleared US$82,000 – 66% higher compared with a year earlier, ACT Research reported.
Posted Thursday August 19, 2021 in Business
Used truck prices continue to rise in Canada, according to the latest market update from auctioneer Ritchie Bros.
Posted Thursday August 05, 2021 in Business, Technology
The average price for a used Class 8 soared to a new high for the third consecutive month as June sales climbed year-over-year amid the lowest inventory levels yet in this cycle. The price hit US$61,219, or 51% higher compared with $40,449 a year earlier.
Posted Thursday July 15, 2021 in Business, Technology
Ritchie Bros. saw used truck tractor prices rise 14% in the second quarter, compared to the same period last year, while vocational trucks secured prices that were 21% higher than the second quarter of 2020. But prices may be easing on this side of the border
The Ontario Trucking Association (OTA) was founded in 1926, and provides services and public policy advocacy for trucking companies hauling freight into, out of and within the Province of Ontario. OTA is the only trucking association in Ontario that represents all segments of the industry - for-hire carriers, private carriers, intermodal, suppliers, etc. » More...
