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If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Semi Trucks procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Semi Trucks, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Semi Trucks - Recent Price Trend

The average price of semi trucks has been rising at an estimated annualized rate of 3.4% in the three years to 2018. Strong demand growth, driven predominantly by increased consumer spending and rising industrial activity, has pressured prices upward. Significant growth in steel prices have similarly boosted market prices.During the past three years, demand for semi trucks has been rising,.

Semi Trucks - Total Cost of Ownership

The total cost of operating a semi truck is moderate, with yearly costs that account for 50.0% to 100.0% of the initial purchase price. The largest cost associated with owning a truck is the cost of fuel, often diesel fuel. Because trucks run for many hours on end, fuel consumption is high. Fuel costs often account for about 35.0% of a company’s total operating costs. However, fuel is highly.

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About this Report

This report is intended to assist buyers of semi trucks, which are heavy-duty trucks used to tow semi trailers. These trucks are categorized as Class 7 or 8 trucks, indicating that they have a weight rating above 33,000 pounds. Semi trucks are used for local and long-distance transportation and are one of the most common methods of moving goods in the United States. These trucks are also referred to as tractor-trailers, truck-tractors and 18-wheelers. Buyers of semi trucks include trucking service providers and other large companies with fleets of trucks. This report excludes all other classes of trucks, such as delivery trucks, flatbed trucks, dump trucks and cargo trucks. It also excludes any services related to shipping, trucking or transportation.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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