Buying or Leasing a truck of is always a question for all trucking companies. Trucking industry is an economic giant in the United States that accounts for 5% of U.S. annual GDP and 85% of all goods transferred within the U.S. For that reason, trucking is a vital business in an economy that is heavily reliant on transportation services. Every day, ordinary Americans use the goods and products that are transferred to their homes and workplaces by trucks.
Due to the changes in people’s lives, there have been more loads than ever that have led to shipping tonnage of historic levels. Over the last 10 years, the trucking industry grew significantly and it is projected that tonnage of carried goods will increase 75% by 2025.
The rapid anticipated growth of the trucking industry has led to more people being willing to enter the trucking business as a drivers or as a company owners. Because of the sharp increase in the number of trucks on the roads over the last 10 years, the wait times to acquire vehicles have significantly increased as well.
