Ford builds some of the best vehicles on the road, not only for the consumer market but also for business and industrial models for commercial use. Companies like Lyft and Uber are using economical Ford vehicles to transport people through the city in fuel-efficient compact cars. Ford recently released another version of its Expedition which has received a lot of attention. The King version of the Expedition can cost as much as $73,000 dollars. That’s a lot of cash for a luxury SUV, however, the consumer market isn’t flinching as we have seen Ford sales showing an upward trend in recent years.
Commercial Market
Let’s forget about the consumer line of Ford vehicles and talk about the commercial line for a minute. Ford trucks can be found all over the country, commonly used as utility trucks in the construction industries, Ford has long been a name that is synonymous with construction vehicles. As an innovative automotive manufacturer, Ford didn’t stop when they cornered the construction market, they saw an opening in another industry that has proven to be just as lucrative as the construction side. Let’s talk about the moving and relocation business.
Truck Rental Business
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Homeowners move, businesses move, people are constantly moving property around the world every day. It was once an issue to find a friend or family member with a truck to borrow or a van to use to transport your property, then came the moving truck. Companies like U-Haul have been around for decades, providing moving vehicles for rent so that people can move across town, or across the country while transporting their belongings in a spacious cargo area. As big as these truck rental companies have become, they still don’t manufacture their own moving trucks or vans. These companies are buying rental fleets from car manufacturers like Ford and creating huge inventories of rental vehicles. This has made Ford one of the biggest manufacturers of moving trucks in the world.
Moving And Relocation Companies
U-Haul is in the truck rental business, but another side of this business is the moving and storage business. While U-Haul may rent its fleet of Ford moving trucks, companies like City Moving and Storage use their own fleet of trucks and employees to move families and businesses across the state of Oklahoma and Texas. Moving and Storage companies may own up to 10 moving trucks and they may rely on a U-Haul or Budget rental fleet when times are busy. Moving companies have grown to be some of the biggest consumers of commercial Ford van and moving trucks.
Commonly Used Ford Moving Trucks
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The Ford E250 and Ford E350 cargo vans are commonly used to haul small loads when moving small items locally. Cargo vans aren’t typically rented for out of state moves. Trucks like the Ford F650 Xl are great for long-distance moves, and the Ford F350 is more of a mid-sized moving truck that can be used for short and long-distance moves.
Seeing how Ford has positioned themselves in the truck rental and moving industries, what do you think is next for them? Energy-efficient solar vehicles? They may be closer than you think.
