🚛 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐍𝐞𝐰𝐬 𝐢𝐧 𝐭𝐡𝐞 #𝐓𝐫𝐮𝐜𝐤 #𝐑𝐚𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭! 🚛 The Truck Rack Market was valued at a whopping $8.25 Bn in 2022 and is expected to grow at a CAGR of 5% through the forecast period. 📈 𝐒𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐡𝐨𝐰 𝐭𝐡𝐞 𝐭𝐫𝐮𝐜𝐤 𝐫𝐚𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 𝐞𝐯𝐨𝐥𝐯𝐞𝐬 𝐚𝐧𝐝 𝐦𝐞𝐞𝐭𝐬 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲! 🚚✨ https://shorturl.at/L21sz 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: Truck racks, made from high-strength materials like steel and aluminum, are essential for carrying extra luggage and #equipment on #vehicles. With the rise in light truck production and the popularity of #commercial vehicles, the truck rack market is set to expand rapidly. 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: Challenges like the high cost of raw materials and installation errors persist, but opportunities in the e-commerce sector and increased cargo space in delivery vehicles present significant #growth potential. 🔹 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: North America dominates the market, driven by high #consumer demand and the presence of major truck manufacturers. 🌎 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬: Type: Roof-mounted, Side-mounted, Platform-mounted Application: OEM, Aftermarket #TruckRack #MarketGrowth #Innovation #AutomotiveIndustry #Logistics #Transportation #MarketTrends
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When you choose a logistics and distribution partner, you're looking for much more than floor space and forklifts. You're looking for someone you can count on to help your business. You need someone who'll eliminate headaches, not cause them. We invite you to compete our Client Profile form prior to requesting a distribution quote: https://lnkd.in/g9hKbnPi #business #help #warehousing #laredo #SectorAutomotriz #Automotriz #distributioncenter #warehousesolutions #warehouseautomation #supplychain #maritimeindustry #containershipping #logistics #portlaredo #laredotx #import #AutomotiveIndustry #Autoparts #oem #tier1 #tier2 #distribution #logistics #maritime #cargo #freight #worldwide #export #transportation
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At the heart of efficient supply chains and manufacturing processes, the Forklift Truck market plays a crucial role in optimizing material handling. From warehouses to production floors, forklift trucks streamline operations, enhance productivity, and contribute to the seamless movement of goods. Our research projects the global forklift truck market size to be valued at 𝗨𝗦$ 𝟲𝟮,𝟮𝟱𝟮.𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in 2024. Sales of forklift trucks are expected to incline at a CAGR of 𝟳.𝟱%. Drop a comment to learn more about the industry's key determinants. The importance of this market lies in its ability to support the backbone of industries, ensuring timely and precise logistics in a globally interconnected business landscape. #forklift #forkliftsales #automotive #automotiveindustry #automotivesales #automotivenews #automotivemanufacturing #factmranalysis #factmr #businessadvisor #business2024
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🚚December Used Trucks Update - The used Class 8 average retail sale price fell 6% m/m to $59,300 in November, marking the first month of a sub-$60,000 price since April 2021. “Less-than-expected declines in August, September, and October may have been an early Christmas present. Our expectations are unchanged, with lower prices through the end of 2023 and a return to m/m growth toward the end of 2024,” said Steve Tam, Vice President at ACT Research. Regarding volumes, Tam explained, “Combined, the total market same dealer sales volume expanded 19% m/m in November. With only one more month remaining in the year, the overall market has improved 35% ytd compared to the first eleven months of 2022.” #UsedTrucks, #Trucking #semitruck #transportation #trucking, #ACT, #ACTResearch
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[September State of the Industry: U.S. Classes 3-8 Used Trucks Update] - Used Class 8 Truck Retail Sale Price Progressed Further in August The used Class 8 average retail sale price built on July’s progress in August, climbing 4.6% m/m to $58,350. Read the full blog update here: https://hubs.la/Q02Ry3cC0
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As per the report, VE Commercial Vehicles experienced a 22.5% decrease in sales in April 2024, with a total of 3,812 units sold across domestic and export markets. Read detailed report here:: https://bit.ly/3Un87YP #VECommercialVehicles #SalesReport #AutoIndustry #TruckJunction #AprilSalesReport #Transport #Trucks #Report #Check #Details #Information #Explore #TruckNews #Updates
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𝗚𝗲𝗻𝘂𝗶𝗻𝗲 𝘃𝘀. 𝗔𝗳𝘁𝗲𝗿𝗺𝗮𝗿𝗸𝗲𝘁 𝗣𝗮𝗿𝘁𝘀: 𝗪𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲? When it comes to keeping your truck or machinery running smoothly, the parts you choose matter. But with so many options on the market, it can be tough to decide whether to go with genuine OEM parts or cheaper aftermarket alternatives. Here are some key differences between the two to help you make an informed decision for your equipment. 𝗚𝗲𝗻𝘂𝗶𝗻𝗲 𝗢𝗘𝗠 𝗣𝗮𝗿𝘁𝘀: 𝗕𝘂𝗶𝗹𝘁 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗠𝗮𝗰𝗵𝗶𝗻𝗲: These parts are engineered and manufactured by the original equipment manufacturer (OEM) to the exact specifications of your truck or machine. Imagine them as the perfect puzzle pieces designed to fit seamlessly with your existing system. 𝗧𝗼𝗽-𝗡𝗼𝘁𝗰𝗵 𝗤𝘂𝗮𝗹𝗶𝘁𝘆: OEM parts are typically made with the highest quality materials and undergo rigorous testing to ensure they meet strict performance and durability standards. Think of them as the gold standard for reliability and longevity. 𝗪𝗮𝗿𝗿𝗮𝗻𝘁𝘆 𝗣𝗿𝗼𝘁𝗲𝗰𝘁𝗶𝗼𝗻: Using genuine parts often maintains your vehicle's warranty, giving you peace of mind knowing you're covered in case something goes wrong. This can save you money on costly repairs down the line. 𝗣𝗲𝗿𝗳𝗲𝗰𝘁 𝗙𝗶𝘁, 𝗚𝘂𝗮𝗿𝗮𝗻𝘁𝗲𝗲𝗱: No guesswork needed! Genuine parts are guaranteed to fit your machine precisely, preventing installation headaches and potential compatibility issues. 𝗔𝗳𝘁𝗲𝗿𝗺𝗮𝗿𝗸𝗲𝘁 𝗣𝗮𝗿𝘁𝘀: 𝗟𝗼𝘄𝗲𝗿 𝗖𝗼𝘀𝘁: The biggest draw of aftermarket parts is their affordability. They are often significantly cheaper than their genuine counterparts, making them a tempting option for budget-conscious buyers. 𝗠𝗶𝘅𝗲𝗱 𝗤𝘂𝗮𝗹𝗶𝘁𝘆: The quality of aftermarket parts can vary widely depending on the manufacturer. Some may be just as good as genuine parts, while others may be made with inferior materials or lack rigorous quality control. It's buyer beware territory! 𝗪𝗮𝗿𝗿𝗮𝗻𝘁𝘆 𝗪𝗼𝗲𝘀: Using aftermarket parts can void your vehicle's warranty, leaving you on the hook for any repairs caused by incompatibility or failure. 𝗩𝗲𝗿𝗱𝗶𝗰𝘁: Prioritise reliability & performance? Go genuine. On a tight budget & willing to research? Explore aftermarket with caution. Don't skimp on critical parts – safety first! Visit us for advice or shop our extensive inventory! #STMtrucks #partsguide #investyourride
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Navigating the parts market for reliable heavy-duty truck components in British Columbia demands attention to detail and a strategic approach. It is important to identify a dependable supplier for quality replacement parts. With so many online options, making the right choice can seem overwhelming. This article will guide you through essential considerations for sourcing heavy-duty truck parts for trucks, vans, buses, and off-road equipment: https://lnkd.in/g2MAn38M
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