There is a new record for used commercial vehicles registered in the first half of 2010 according to the R. L. Polk Co. This new record represents an increase of almost seventy-five percent (75%) of used commercial vehicle sales in 2009 and is an increase of almost thirty percent (30%) over the first half of 2009. Polk also reports that 2010 is the first year registrations of used commercial vehicles have seen this kind of growth since 2004. This is huge for parts manufacturers and suppliers that rely on big-truck repair and replacement.

Is this indicative of a "bull market" in the trucking/transportation industry as well as national economic recovery? Some industry pundits believe fleet owners and operators are upgrading to newer vehicles due to more available clean, used equipment. Others would say that fleet owners are upgrading to meet new emission requirements. Used truck prices also are not as inflated as before 2004. Also, many fleet operators and owner-operators waited for manufacturers to "work the kinks out" of mandated improvements. Industry technology had just not kept up with legislative mandates and operators were patiently watching and waiting to see how manufacturers and dealers were going to handle the problems.

Combined registrations of new and used commercial vehicles in the first half of 2010 were over a half-million representing an almost twenty percent (20%) percent increase over the same period in 2009. However, new commercial vehicle registrations saw just a only a minuscule increase the first half of 2010. Looking ahead hopefully, the second quarter of 2010 marked the largest increase in commercial vehicle sales and registrations for the first time since the start of the industry decline in 2007.

Actual total quantity of commercial vehicle sales and registrations in 2010 is gloomy compared to 1991, except for 2009's horrible results, but comparable to 1992. Actual quantity remains radically low compared to historic levels.

In new commercial trailers over 24 feet, registrations for the first half of 2010 were up thirty-eight percent (38%) from 2009. Is the worst behind us? Manufacturers are also adding improvements to new trailers. Vans are the most common trailer type and those registrations increased by almost seventy-five (75%) in 2010 over 2009.

With this information, used truck and trailer salespeople, parts suppliers, mechanics, and operators can plan their inventories to match this recent increase in demand.

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