Used Class 8 truck metrics were generally in line from June to July, with average age and miles up an incremental 1 percent each. Compared to last year, average prices were up 2 percent in July and 6 percent year to date, according to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research.

LNG carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment to the growing fleet, there are immediate challenges on freight rates. This is due to 49 million tonnes per annum (mtpa) of Australian LNG cargo supply expected to hit the market over the next two years, according to the newly launched LNG Forecaster report published by global shipping consultancy Drewry.