This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Frost & Sullivan: Advanced Technologies To Create Robust Growth In Commercial Trailer Market

MOUNTAIN VIEW, Calif., March 27, 2013 /PRNewswire/ -- The next five years will see immense change and growth within the commercial semi-trailer market in North America. The significant impact from the immense increase of diesel prices, operational costs and strengthening government regulation on the on-highway freight transportation industry has substantially amplified the interest and proliferation of advanced semi-trailer technologies, such as aerodynamics, electronic chassis systems, safety systems, telematics, as well as usage of enhanced body materials and part components.

New analysis from Frost & Sullivan ( http://www.automotive.frost.com) entitled Strategic Analysis of North American Semi-Trailer Advanced Technology Markets finds that this market earned total revenues of $2.04 billion in 2011 and is expected to reach $3.00 billion by 2018.

If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Due to the recessionary environment over the past four years, fleets have forcibly postponed purchases of new equipment, which has extended the average age of semi-trailers to almost 8.5 years compared to 5 to 6 years before the recession hit. In turn, this has created a backlog of demand for replacement, as fleets now need new equipment and advanced technology.

The semi-trailer market saw strong demand in 2012 – approximately 248,000 units were produced, which was a 31,000 unit increase from 2011.  As such, customers will be looking for innovative solutions to put more freight in semi-trailers in an effort to offset rising fuel prices and driver shortages.

"The proliferation of advanced semi-trailer technologies will be driven by three crucial factors: strengthening of the regulatory environment, rising fuel prices and an aging trailer population," said Frost & Sullivan Research Analyst Wallace Lau. "Compliance, Safety and Accountability (CSA) 2010 is also a particularly strong force behind the increase in demand for the upkeep of the technology and maintenance for semi-trailers. Fleets must comply with the stricter regulations, as they cannot risk being penalized or shut down due to poor CSA scores."

The Environmental Protection Agency (EPA) too has mandated that by 2014 heavy trucks must meet fuel efficiency standards. In addition to these constant regulatory pressures, the freight transportation industry continues to suffer from fleet downsizing, carrier failure, driver shortage and slow growth, all of which make it harder to recover their pre-recessionary peak levels.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,903.16 +98.36 0.55%
S&P 500 2,070.19 -0.46 -0.02%
NASDAQ 4,764.6990 -0.6810 -0.01%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs