Leasing Increasing as Percentage of Truck Market
According to a new industry survey released by The Truck Renting and Leasing Association (TRALA), members purchased 29% of all Class 2 through 7 commercial trucks in the U.S. and purchased more than 23% of all Class 8 tractors in 2016. The overall percentage total of Class 2-8 over the road trucks and tractors was 27.6% in 2016, which is a significant increase compared to less than a decade ago. As the cost of ownership increases along with the complexity … Read More