Global truck rental industry is estimated to reach $204.2 billion by the end of 2030 with a CAGR of ~10% throughout the forecast period 2020-2030. Its recent growth can be largely attributed to the disruption in the global economy that led to the incrementation of the transport sector, which relies heavily on trucking operations for road transportation. Moreover, truck rental practices are also estimated to surge in the near future as they assist in the diminution of risks originating from seasonal transportation demands and are more cost-effective than purchasing trucks.
With such promising growth in the truck rental industry, launching a truck rental website is a lucrative business idea in 2020-21. To help you enter the industry, we have curated the business model of an online truck rental business and discussed the various ways to develop a truck rental website below... DEMO POST
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