IBISWorld’s Semi Trucks procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Semi Trucks to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Semi Trucks - Recent Price Trend

During the three years to 2017, the average price of semi trucks has been rising at an estimated annualized rate of 2.6% with a low level of volatility. Rising prices negatively affect buyers, but low price volatility indicates a minimal risk of facing sudden and extreme price fluctuations. As a result of low price volatility, buyers have been able to make more accurate cost estimations even as...


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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