Truck rentals provide almost instant access to transportation capacity, enabling fleets to adjust to market fluctuations and address short-term needs quickly. The ability to react promptly lets fleets address surges in demand, take advantage of new contracts, or maintain uptime if owned equipment is down or new equipment deliveries are delayed.
Rental terms can range from days to months, and Penske also offers leasing options if fleets determine they need a longer-term solution. Here are five ways rental trucks address capacity fluctuations:
2. Preferred Rates: Rentals have a fixed daily or weekly rate plus miles, so fleets can budget with certainty. Rentals also offer financial flexibility since they don’t require as much upfront capital or a long-term financing agreement.
3. Reduced Reaction Times: Rental trucks offer immediate access to capacity without a long-term obligation. Whether responding to a new contract, a sudden spike in demand or even delays in vehicle deliveries, rentals offer operational flexibility. Rental terms can range from days to months, which can be especially useful for short-term needs or testing new markets. Leasing options are also available if a longer-term solution is needed.
4. Well-Maintained Rental Trucks: Rental agreements with Penske include maintenance coverage, enabling fleets to add capacity without the risk of increased maintenance costs. Penske trucks routinely go through Dynamic PM®, a unique data-driven service that delivers the right preventive maintenance at the right time, ensuring that vehicles run efficiently and get the attention they deserve, avoiding breakdowns and preventable repairs.
5. Storage Solutions: If warehouse space is tight or needs are only temporary, rental trailers offer a flexible alternative that can be positioned precisely where it is needed, offering a fast and affordable solution for storing surplus inventory or seasonal products.
To learn more about using rentals to meet shifting capacity demands, contact us today.
