Truck Rental & Leasing – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
TRALA
News
https://www.trala.org/
Biweekly EnRoute e-newsletter, legislative bulletins, periodic issue updates, and webinar conference presentations provide news and information for truck rental and leasing professionals, with a primary focus on federal and state legislative and regulatory issues. Current and past EnRoute e-newsletters, legislative bulletin e-mail updates, and webinar conference presentations are all available free online.
ELFA
Publications available from this trade association include:
Equipment Market Analysis: Trucking Industry
https://www.elfaonline.org/
Fact sheet provides a summary overview of equipment financing trends
in the trucking industry, with information provided including equipment financing new business
volume represented by trucks and trailers, percentage of equipment acquired
that was financed, increase in truck investment and sales and order
trends for medium and heavy duty trucks and trailers, and outlook for the trucking industry.
What's Hot, What's Not in Equipment Leasing
http://www.elfaonline.org/
Annual ELFA survey of equipment managers and consultants provides insights on leasing
trends for trucks and trailers and 14 other equipment categories,
with topics addressed by the survey including expected business volume for
the year head, change in assumed residual value amounts compared
to prior year, most and least favorable lease opportunities,
and outlook for each equipment category.
Frost & Sullivan
Research publications available from this organization include:
U.S. Fleet Vehicle Leasing Market
https://www.frost.com/
Comprehensive study analyzes the fleet leasing market for passenger and light commercial vehicles,
with topics covered in the study including historical and forecast
market size by type of vehicle based on new registrations and lease portfolio,
market share and competitive landscape for operational and financial lease segments,
growth sector opportunities, and strategic imperatives for achieving growth.
Strategic Analysis of the North American Class 8 Truck Leasing and Financing Market
https://www.frost.com/
Comprehensive study provides a detailed analysis of the Class 8 truck leasing and
financing market, with topics covered by the report including market
trend analysis, leased and financed unit forecasts, forecast revenue and average
APR for leased and financed units, competitive profile and distribution channel
breakdown, revenue growth opportunities, and select OEM-captive and non-captive
profiles.
J.D. Power Valuation Services
Commercial Truck Guidelines Industry Update
https://www.jdpowervalues.com/
Monthly publication analyzes market trends for commercial trucks in terms of volume sold and prices and includes an analysis of monthly, year to date, and annual changes in values by market segment, with segments covered in this section including commercial van, extended hood, highway traditional/ aerodynamic, local/delivery daycab, medium duty cabover/conventional, and vocational/construction.
BizMiner Market Analysis Reports
Truck Rental and Leasing
https://www.bizminer.com Search for "532120" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Truck Rental and Leasing
https://www.bizminer.com Search for "532120" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Truck Rental & Leasing
(see links for individual reports)
Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of annual revenues for firms that rent or lease light, medium, and heavy duty trucks, buses, RVs, utility trailers, semitrailers, and other related vehicles on a short-term or long-term basis to consumers, businesses, trucking companies, owner-operators, and other transportation providers.
Compensation and Salary Surveys
PayScale, Inc.
Truck or Trailer Rental or Leasing
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, service manager, diesel mechanic, diesel technician, and service technician with employers for which wage data is provided including Penske Truck Leasing Co., L.P., Idealease, Inc., U-Haul International, Inc., Aim NationalLease, Xtra Lease Corporation, and Ryder Systems, Inc.
U.S. Bureau of Labor Statistics
Motor Vehicle Rental and Leasing
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed in this sector which includes companies that rent or lease commercial trucks, buses, RVs, utility trailers, semitrailers, and other related vehicles on a short-term or long-term basis to consumers, businesses, trucking companies, owner-operators, and other transportation providers.
BV Guides and Databases
Commercial Truck Dealers
Equipment Leasing
Trucking Companies
Truck Repair Services
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