Capital Equipment News July 2019

QUICK TAKE

The rental culture in the trucking industry is growing – Scania Rental reports a year-on-year growth of 25% to the first half of this year compared with the same period in 2018

Scania South Africa introduced its Truck Rental division back in 2013

Scania Rental has introduced the New Truck Generation to its fleet. It anticipates that 20% of its fleet will convert to the NTG range by the close of 2019

The rental trend is largely driven by the growing emerging contractor market, especially in communities situated close to mines

Scania Rental reports significant growth of its business in recent times.

Scania Rental benefits • Minimal capital outlay • Cash flow benefit • No depreciation of asset on balance sheet • Early termination subject to T&Cs • Fleet comprises vehicles not older than three years • Flexible rental period – 1-12 month rentals, which allows for balancing peak season demands without a long-term commitment • One stop solution – Insurance cover, repair & maintenance, tracking and tyres are included in the monthly rental cost • Branding – Trucks supplied in white, allowing individual corporate branding • Scania Fleet Management – allowing access to Scania’s in-house tracking and Scania connected services

“Due to our three-year replacement cycle, we anticipate that 20% of our fleet will convert to the NTG range by the close of 2019. Since the launch of the new range we have already delivered 20 new units to customers.”

Gerhard le Roux, National Truck Rental Manager at Scania South Africa

“Tailored rental terms in our contracts can allow fleet operators to increase capacity for seasonal work or short-term contracts, and reduce it when demand decreases, giving them the flexibility they need.”

Richard Brown, Rental Sales Manager at Scania South Africa

TALKING POINTS

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