News & Insights

Executive Summary: March 2024 Equipment Market Trends Analysis

This executive summary provides an overview of the key findings from various market reports in March 2024 across the truck/trailer, construction, and agricultural equipment sectors in the United States and Canada as provided by Sandhills Publishing. Truck/Trailer Market: S. Used Heavy-Duty Trucks: Inventory increased by 7.19% M/M and 14.38% YOY, with asking and auction values showing a downward trend. S. Used Semitrailers: Inventory rose by 5.07% M/M and 44.83% YOY, with both asking and auction values declining, indicating a growing surplus. S. Used Medium-Duty Trucks: Inventory levels continued to rise (13.88% M/M and 37.46% YOY), leading to pressure on values, which are trending down despite

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