Chart of the Week: ACT Research 3 Year Old Used Truck Prices, Van Contract Rate Per Mile Initial Report – USA SONAR: UT3.USA, VCRPM1.USA
The cost of used 3-year-old Class 8 trucks (UT3) has increased 70% over the past year, according to ACT Research. The average rate per mile for contracted van freight (VCRPM1) has only risen 20% over the same time. The disparate rate of increase between costs of operating and the sell rate for truckload capacity will curtail small business growth in the long...
https://www.freightwaves.com/news/rapid-cost-inflation-hits-small-carriers-and-businesses-harder