Industry Analysis & Industry Trends
The Semi-Trailer and Truck Rental industry has cruised through a growth period over the past five years with some minor bumps along the road. The industry is expected to grow by 2.3% over the five years through 2013-14, to reach $87.1 million. This growth is understated, as it comes off a high base year in 2008-09. Over 2008-09, the industry benefited from an increase in merchandise imports and exports. The Road Freight industry, a key source of industry demand, declined over the year. Although this is usually bad for revenue, when combined with a simultaneous growth in merchandise trade it was in fact beneficial for the industry... purchase to read more
Industry Report - Industry Products Chapter
The industry rents out semi-tractors (trucks) and semi-trailers. These are categorised based on their gross vehicle mass (GVM) and the number of axles. Semi-trailers make up the majority of the industry products. This is because a wide range of trailers can be hauled by a single prime mover. The price charged for the trailers varies depending on the size and modifications of the trailers. For example, a tri-axle refrigerated trailer will be significantly more expensive than a single-axle flatbed.
Semi-tractors make up an estimated 28.8% of the industry revenue in 2013-14. There is a wide range of prime movers available for rent. The trucks can have single or tandem axles. Additionally, the trucks can have sleeper cabins... purchase to read more