Chapter 2, to analyze the top manufacturers of Heavy Trucks, with sales, revenue, and price of Heavy Trucks, in 2016 and 2017;
Research into the trucks led to a decision to purchase four in September last year, which escalated into discussions about establishing a dealership and a visit to the Shacman plant in China.
Heavy Machinery (Large Trucks) market report identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets. It includes all prime details like the market size, status, trends and forecast. Heavy Machinery (Large Trucks) market report also creates an awareness of the competitors and highlights the specific growth opportunities with key market drivers.
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"We aim to truly revolutionise the trucking industry. Their strategic advantage comes from a decision to import a limited range of trucks suited to the Jamaican environment, and thus ensuring the capacity to stock an adequate supply of spare parts," added Ralston.
This study also analyzes the Heavy Machinery Market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
"This will certainly open up opportunities for small, medium and large haulage contractors which never existed before," he affirmed.
A Russian truck buyer that is not swayed by products supplied by his compatriots, Europe, Asia or the US, has a further choice in the Ford Cargo. The latest incarnation of this machine is built in Turkey and offered as a two, three or four axle rigid or two axle tractor.
"We sold a piece of property to CHEC and they moved in beside us, and we’ve been watching their fleet for the last three years. We decided to get in touch with Shacman to buy one of those trucks for a test," Ralston said, relating the preliminary development.
-Analytical Tools: The Global Heavy Trucks Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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"This is a revolution in trucking. The partnership between Tank-Weld, Shacman and JN Bank is unbeatable; and I believe Shacman will become the truck of choice throughout Jamaica," said Tank-Weld’s Managing Director John Ralston. The purchase of the trucks is being financed exclusively by JN Bank.
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