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The Commercial Vehicle Rental market is a subset of the Automotive Leasing and Rental industry. It involves the rental of commercial vehicles such as vans, trucks, and buses for a variety of purposes. These vehicles are typically rented for short-term use, such as for deliveries, construction projects, or other business needs. The rental of commercial vehicles is often more cost-effective than purchasing them outright, as it allows businesses to access the vehicles they need without the long-term commitment.
The Commercial Vehicle Rental market is highly competitive, with a variety of companies offering services. These include large, international companies such as Enterprise Rent-A-Car, U-Haul, and Ryder, as well as smaller, regional companies such as Penske Truck Rental, Budget Truck Rental, and Avis. Show Less Read more
