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Published Wednesday, July 01, 2009

Bob Glenn, director of remarketing for Penske Truck Leasing, says he's seen the used truck business “change a lot in just the last three years. My department is charged with taking our retired leased and rental equipment and either selling it off through retailing or wholesaling or by exporting. Sales volumes overall are down 25% year to year, and that's a steady trend since 2006.” He reports that last year Penske Truck Leasing sold 23,000 vehicles, and those well represent this major trucking equipment lessor's diverse motor pool, including everything from light-, medium- and heavy-duty trucks to trailers.

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