ACT: Used Truck Prices Steadying, But Small Carriers Should Pay Close Attention to What’s Coming Next

Core Insights - The used truck market is stabilizing after a period of decline, but this stability is a precursor to potential price increases driven by the upcoming 2027 emissions rule rather than freight demand [4][6][22] - Small carriers, who primarily purchase used trucks, need to be proactive in their purchasing decisions as the market dynamics are shifting towards scarcity [5][12][20] Market Trends - The used truck market has experienced significant fluctuations over the past five years, with prices peaking during the COVID boom and subsequently declining due to a freight recession [6][10] - Current data indicates that used truck prices are no longer in freefall, with sales volumes stabilizing and retail prices holding steady [3][6][10] Emissions Rule Impact - The 2027 emissions rule is confirmed and will require manufacturers to produce cleaner engines, which will increase costs and complexity for small carriers [7][22] - Historical patterns suggest that large fleets will begin pre-buying trucks ahead of the emissions deadline, tightening the used truck supply and driving prices up [8][9][19] Small Carrier Challenges - Small carriers face unique challenges in the used market, including the tendency to delay purchasing decisions until their current trucks are failing, which can lead to higher costs and limited options [13][14][20] - As the market stabilizes, small carriers must recognize that this is the last opportunity to purchase at reasonable prices before the anticipated price increases [10][16][22] Recommendations for Small Carriers - Small carriers should begin shopping for replacement trucks if they are within 12–18 months of needing one, especially if they own older models [20][21] - It is advisable for small carriers to prepare for rising prices and tighter selection in the used market, particularly as the 2027 emissions rule approaches [21][22]