Total reported volumes of used Class 8 trucks improved to 2,078 units in December, rising by 8% month over month, according to the latest release of the State of the Industry, published by ACT Research.

“For total 2014, used Class 8 truck volumes were down 5%, and average miles decreased by 2%,” said Steve Tam, vice president, commercial vehicle sector with ACT. “Pricing was up 18% even though the average age rose by 2%. We look for pricing to continue their growth in 2015, but at a decreasing rate.”

For more information, visit the ACT Research website.