To realize the best value for your OTR assets, our team of professionals will look at the number of new unit orders, new units sold yearly, and the value of used tractors and trailers sold at dealers and public auctions. We monitor changes in federal clean air regulations on diesel emissions, consider the actual Class 8 tractor mileage, sample maintenance records to confirm that scheduled maintenance has been carried out, and investigate whether tires are owned or leased, particularly with buses.
The over-the-road (OTR) transportation industry consists of Class 8 power units (Freightliner, Peterbilt, Mack, Volvo, International etc.), as well as dry van trailers, tank trailers, refrigerated trailers (reefers), flat beds, and container chassis. The industry also includes buses, motor coaches and recreational vehicles used for school transport, travel/tourism, and city transit.
Typical inventory includes gas and diesel engines, transmissions, chassis and axles, steel and aluminum in coil and shapes, electrical components and lighting, hydraulics, cooling and heating units, carpet, glass, hardware and hoses, tires, tractor glider kits, seating; and paint. Inventory also may include modular kitchens and bath/bedroom components used in RVs or luxury coaches.
Nearly 70 percent of freight shipped throughout the U.S. travels by truck at some point. For that reason and an ageing population, the American Trucking Association also reports the industry needs to hire almost 900,000 more drivers to meet rising demand. Contrary to popular belief, many in the OTR industry now believe that autonomous (incorrectly called “driverless”) trucks will actually improve working conditions for truckers, thereby attracting a new crop of younger, tech-savvy drivers.