As the tail of the dog in trucking, used truck sales fall when new truck sales slow. So when major manufacturers shuttered assembly plants for six weeks in March and April, used equipment all but froze. Already low prices dropped even further. Loose capacity heading into the pandemic tightened.

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https://www.freightwaves.com/dealership-network-rush-enterprises-sees-profit-margins-double-from-q2-to-q3