What’s the story in the used truck market?

<p><strong>LLN (8/17/22) –</strong> Steve Tam of ACT Research says we are seeing things move in the used truck market. He joins us to talk about what the latest numbers tell us. Also, contract rates continue to decrease, which means we’re into the next phase of the freight market cycle, where contract rates should decrease throughout the rest of this year and into next. We’ll get the latest numbers on the Members Edge load board from DAT’s Dean Croke. And we’ve all heard plenty about all the problems that can go with lease-purchase agreements – especially those run by carriers Yet Marty Ellis says more and more truckers continue to get involved with them.</p> <p>0:00 – Newscast. </p> <p>10:04 – Used truck market.</p> <p>24:56 – Contract rates.</p> <p>39:51 – Lease-purchase agreements.</p>