Companies in this industry manufacture truck trailers, truck trailer and cargo container chassis, and detachable trailer bodies and chassis. Major companies include Great Dane, Hyundai Translead, Utility Trailer, and Wabash National (all based in the US), as well as China International Marine Containers, Randon (Brazil), and Schmitz Cargobull (Germany).
Demand is directly tied to activity in the truck manufacturing industry, which is driven by growth in the agriculture, manufacturing, construction, and retail sectors. The profitability of individual companies depends on efficient operations, including careful inventory management. Large companies enjoy economies of scale in purchasing and can maintain the production volumes necessary to serve large customers. Small companies can compete effectively by offering specialized products. The US industry is concentrated: the 50 largest companies generate about 85% of industry revenue.
Products, Operations & Technology
Major product categories include dry vans, refrigerated vans (also called reefers), platform trailers, and liquid tank trailers, as well as automobile transporters, logging trailers, and dumping trailers (or tippers). Small and medium-sized trailers are designed to transport cargo ranging from livestock to recreational vehicles.