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Used truck prices up 9% over last year

Record-setting orders for new Class 8 trucks are apparently not creating any type of used-truck glut, if used-truck prices are any indication. The average price of total used Class 8 trucks in September rose 3% month-over-month and fared even better, up 9% year-to-date, when compared to the first nine months of 2017, according to ACT Research. Read the...

US/Mexico trade deal might impact trucks

Annex language attached to the freshly minted trade deal to replace the North American Free Trade Agreement (NAFTA) paves the way for the US to limit how far Mexican trucks can transport goods into the US. The annex says the US “reserves the right” to limit “grants of authority for persons of Mexico to provide cross-border long-haul truck services” outside US border commercial zones,...

Will Young Truckers Be Taking the Wheel?

A new bill that would open interstate trucking opportunities to drivers between the ages of 18 and 21 was introduced in the US Senate on August 16. The Developing Responsible Individuals for a Vibrant Economy, or DRIVE-Safe Act, the same name attached to a similar House bill introduced in March, proposes a two-step program for potential young drivers to complete once they obtain a...

How Brexit Will Impact Trucking

For BMW to run its factories in England, it requires 150 trucks a day to transport parts and equipment arriving from mainland Europe. It sends 118 trucks, also packed with products, to the mainland. The level of integration between England and the rest of the mainland highlights the challenge facing the auto industry if England leaves the EU without a deal, or without frictionless...

Self-Driving Trucks on the Road in Arizona

Uber recently revealed that it has been operating self-driving trucks to carry shipments for commercial customers in Arizona. The company has two transfer hubs on opposite sides of the state. According to the company, the self-driving trucks operate between transfer hubs: for example, a regular truck will deliver a shipment to a transfer hub, where an Uber self-driving truck (with a...

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