The truck that was apparently involved in the fatal crash was found Thursday at a park-and-ride lot.
Police are still looking for the driver responsible for the Wednesday night crash.
Police say the woman who was riding the bicycle tried to cross Highway 2 at Old Owen Road around 7:30 p.m. Meanwhile, the truck was stopped at the intersection behind another vehicle in the eastbound lanes.
Witnesses reported that the pickup was revving the engine and then went around the first vehicle and struck the bicyclist in the intersection. The truck then drove off.
Two other vehicles drove into the intersection and also accidentally hit the bicyclist, but those drivers stayed on the scene to help with the investigation.
The woman was not wearing a helmet. Her name has not been released.