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				Inventory crunch still impacting used truck market
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					Posted: 
					
						Jul 28, 2011 11:57 AM
					
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					Last Updated: Mar 27, 2012 08:31 AM
				
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				<p>COLUMBUS, Ind. -- Despite posting a 9 percent increase from May's lackluster sales levels, the class 3-8 used truck market continues to be impacted by a shortage of available inventory, according to <a target="_blank" href="http://www.actresearch.net"><span style="color: rgb(51, 51, 153); ">ACT Research Co</span></a>.</p>
<p>Even with this most recent improvement, on a year-to-date basis, the used market remains 6 percent behind the 2010 sales pace. <br />
<br />
&quot;Used truck mileage continues to edge up, in response to fleets holding onto their equipment longer,&quot; said Steve Tam, vice president-commercial vehicle sector, in a recently ACT-published State of the Industry paper.</p>
<p>&quot;The market is still awaiting some relief to the shortage of sellable inventory as well as upward price pressures. Improving new truck sales will result in increased trade-ins, and should provide some relief to the market.&quot; &nbsp;</p>
			
				
				
			
				
				
			
			
			
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