Tony O’Brien, GE’s Remarketing Product Line Leader, said the success can be attributed to first-time buyers in the owner operator segment as well as trucking firms absorbing new routes due to consolidation.
GE also announced a new marketing effort in non-trucking markets for its Storage Trailers. The company identified market opportunities including in agriculture, racetracks, hotels, schools, construction and even the pine straw industry in the southeast.
“A typical trailer has about 475 square feet of storage space, and for a fraction of the cost of similar space at a fixed warehouse,” said GE Commercial leader Brent Russell. “We’re finding that this is a compelling reason for many businesses to consider storage trailers.”