Industry Analysis & Industry Trends
The Semi-Trailer and Truck Rental industry has cruised through a growth period since the late 2000s, with some minor bumps along the road. The industry is expected to grow by 3.7% over the five years through 2014-15, climbing to $110.0 million, including a 4.0% growth in sales during the current year.
This growth stems from the increase in demand for total road freight services, partly due to increased volumes of merchandise imports and exports. This industry fulfils a small but important role within the transport sector, supplementing the fleet of transport firms to help meet short-term requirements... purchase to read more
Industry Report - Industry Investment Chapter
The Semi-Trailer and Truck Rental industry exhibits a high level of capital intensity. IBISWorld estimates that the industry invests $2.54 in capital equipment for every dollar spent on wages. This level of capital intensity has been fairly stable over the long term although there is a gradual reduction in the industry wage costs associated with the automation of customer servicing through online booking and asset monitoring services. The labour requirement to repair and maintain the assets and manage clients is estimated to remain stable over the long term.
Labour remains important with regard to customer service, however the industry principally generates value added through renting capital equipment... purchase to read more