November 28, 2025
Ritchie Bros. Auctioneers, the leading global auctioneer for heavy equipment and trucks, has shared sales figures highlighting the difficulties faced by the U.S. trucking sector as companies deal with low rates and economic unpredictability. Prices for three-year-old 53′ dry van trailers, which reached a high of $48,000 in 2021, have now dropped below $20,000. The […]
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October 2, 2025
Traffic Resumes on Ambassador Bridge After Protests Traffic on the Ambassador Bridge, a vital trade route in North America, reopened on Monday following the conclusion of a week-long blockade by truckers protesting vaccine mandates. However, this protest likely resulted in economic damages amounting to hundreds of millions. The Freedom Convoy and its Impact The Freedom […]
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August 19, 2025
Nirvana Secures $80 Million in Series C Funding Nirvana, an AI-centric trucking insurance startup, has raised $80 million in a Series C funding round led by General Catalyst, with contributions from Lightspeed Venture Partners and Valor Equity Partners. This latest round of investment has doubled Nirvana’s valuation to $830 million, showcasing robust investor faith in […]
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August 18, 2025
With the arrival of August 1, the repercussions of tariffs are starting to take shape, prompting fleets to be more cautious about capital expenditures. The freight sector is stabilizing, compelling heavy-duty fleet equipment managers to make more informed and adaptable choices. Whether it’s modernizing aging trucks, negotiating improved financing terms, or extracting cash from existing […]
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June 16, 2025
Economic Uncertainty Persists as Inventory Increases in Truck and Construction Equipment Sectors LINCOLN, Neb., June 4, 2025 /PRNewswire/ — Recent market reports from Sandhills Global indicate a month-over-month rise in inventory levels within the U.S. used truck, semi-trailer, and construction equipment markets on platforms such as TruckPaper.com and MachineryTrader.com. While the inventory in heavy-duty trucks […]
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June 14, 2025
Ongoing Economic Uncertainty as Inventory Levels Increase in Truck and Construction Equipment Markets LINCOLN, Nebraska — June 4, 2025. Recent reports from Sandhills Global indicate a month-over-month rise in inventory levels for the U.S. markets of used trucks, semi-trailers, and construction equipment on platforms like TruckPaper.com and MachineryTrader.com. While inventory levels of used heavy-duty trucks […]
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June 9, 2025
LINCOLN, Neb., June 4, 2025 /PRNewswire/ — Recent market reports from Sandhills Global indicate that inventory levels for used trucks, semi-trailers, and construction equipment in the United States are experiencing month-over-month growth across Sandhills platforms, including TruckPaper.com and MachineryTrader.com. While the used heavy-duty truck and semi-trailer sectors are showing stable trends despite increases, the used […]
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June 5, 2025
Market Overview “The truck market is currently shrouded in uncertainty,” remarks Truck Paper Manager Scott Lubischer. “Dealers are offloading trucks not necessarily due to upgrades, but because operational needs persist. They are cutting prices to stimulate sales but are encountering challenges from reduced port activity, falling freight volumes, and tariffs.” Used Heavy- and Medium-Duty Equipment […]
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April 7, 2025
Matthew James Collins, an Ohio resident, transports frozen foods like onion rings and ice cream across the Midwest. On a recent October morning, he was navigating through a snowstorm in Minnesota. Collins pointed out that he used to haul around 22 skids of frozen goods for four corporate clients last year, but now he’s down […]
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March 18, 2025
The trucking industry faced a nationwide shortage of truck parking, challenges to the independent owner-operator model, pressure to transition from diesel to electric vehicles, and a rise in nuclear jury verdicts. (Justin Sullivan/Bloomberg News) [Stay updated on transportation news: Subscribe to TTNews.] Infrastructure Developments In 2024, truck drivers on U.S. highways observed numerous construction activities, […]
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