The year ahead promises to be a busy one for the equipment sector, as key trends such as used truck pricing and availability, parts sales, freight rates, truck electrification and new, more robust engine oils intermingle with challenging supply and demand conditions — including rising costs for raw materials — that are affecting orders for new trucks and trailers.

The trucking industry experienced a surge in acquisitions during the past year, with more expected to occur in 2022.

Trucking is likely to continue to see a shortage of professional drivers with the underlying causes showing no signs of stopping in 2022.

As the COVID-19 pandemic stretches into 2021, the trucking industry will continue to address coronavirus-related challenges while confronting issues that existed long before most people had ever touched a face mask.