Truck Rental in the US - Industry Market Research Report

Truck Rental in the US - Industry Market Research Report

Published: September 2013
Publisher: IBISWorld
Product ref: 195108
Pages: 33
Format: PDF
Delivery: Immediate download

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Truck Rental in the US

The Truck Rental industry leases trucks to consumers and businesses. Until the recession, the industry performed well, as customers leased trucks to transport goods. Customers leased trucks to expand their capacity amid high demand for construction and industrial products. After the worst of the recession, rental truck companies geared to the residential moving market, such as U-Haul, have been experiencing revived demand. While housing starts and existing home sales, which indicate pending moving activity, have faced significant drops in the past five years, this trend is expected to reverse as house prices stabilize and unemployment improves over the next five years.

Companies in this industry primarily rent or lease trucks, utility trailers and semitrailers without drivers. Purchasing and lease-to-own arrangements of these vehicles are excluded from this industry. Operators that rent or lease industrial trucks and equipment, including forklifts, are covered in the Industrial Equipment Rental and Leasing industry (IBISWorld report 53249).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Price: $1020.00

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Related research categories

By sector: Trucks (in Commercial vehicles), Finance (in Finance and retail), General industry

By market: United States (in North America)

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