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Fastest-Growing Truck and Trailer Manufacturers

Posted by IndustrySelect on Tuesday, August 20, 2019

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4 MIN. READ

Trucks are the backbone of our nation. At some point, nearly all products and materials travel by a truck of some type. And, as the overall economy grows, so does the market for those vehicles.

According to the Federal Highway Administration, there were more than 151 million registered trucks as of 2017. Of those, 2.7 million were tractor trailers.

Improvements to the Fleet

Truck and tractor trailer manufacturers recently began to focus on better fuel economy, reduced emissions and higher reliability. Improving those factors reduces operating costs, which in turn increases profit margins.

One way that is done is by improving aerodynamics, such as adding fairings known as skirts and boattails to tractor trailers to reduce aerodynamic drag and help trucks burn less fuel.

Research into self-driving trucks continues, but the software and hardware required to make them happen at a price point that makes sense to operators is still several years off.

Another potential cost-saver, electric propulsion is nearing the point at which it will soon be available to the general market.

Ford's EV F-150 prototype attracted attention recently by pulling 1.25 million pounds of loaded railroad cars, proving that the technology will be able to match or exceed current performance standards.

Largest & Fastest-Growing Truck and Trailer Manufacturers

A total of 1,958 manufacturers of trucks, tractors and trailers provide 76,489 jobs. Below are nine of the largest and fastest-growing in the industry.

Ford Motor Co., Kentucky Truck Plant
Employees on site: 8,000

A sprawling 6 million-square-foot-facility situated on 500 acres, the plant produces the Ford F-250 through F-550 Super Duty pickups, Ford Expedition and Lincoln Navigator.

General Motors Co., Wentzville Truck Assembly Center
Employees on site: 4,600

Operating as many as four shifts, the 3.7 million-square-foot-plant produces all GM full-size vans and midsize trucks, including the Chevrolet Colorado, GMC Savannah, Chevrolet Express and GMC Canyon.

FCA US, LLC
Employees on site: 4,267

Short for Fiat Chrysler Automobiles, FCA US builds the Dodge Ram 1500 and soon will produce the Jeep Wagoneer.

Volvo Trucks North America, Cab & Vehicle AssemblyAndra_Rush_Detroit_Manufacturing_Systems
Employees on site: 3,500

Also known as the New River Valley Plant in Roanoke, Va., the facility builds all Volvo trucks sold in the United States.

Over the next six years, $400 million will be invested in the plant to modernize and improve the already high-production facility.

Crown Equipment Corp.
Employees on site: 3,000

Not only the fifth largest manufacturer of powered forklifts in the world, Crown Equipment Corp. also manufactures 85% of the parts used in its vehicles.

Daimler Trucks North America, LLC
Employees on site: 2,200

Many well-known truck brands are owned by Daimler, including Freightliner, Western Star, Detroit Diesel and Thomas Built Buses. They have rapidly become the No. 1 supplier of fleet and commercial trucks in North America.

Newmar Corp.
Employees on site: 1,100

Building Class A motor coaches, Newmar Corp. believes in quality at every step. Before a motor coach can leave the factory, it's subjected to 1,000 checks and tests to ensure it is perfect.

Cottrell, Inc.
Employees on site: 1,000

If you need an over-the-road auto hauler, look no further than Cottrell, Inc. It holds several patents for innovative trailer and equipment solutions.

Supreme Wabash National Co.
Employees on site: 650

A pioneer in manufacturing lightweight composite body panels, Supreme Wabash National offers a wide array of dry-freight, refrigerated, stake side and curtainside truck bodies.

Contacting U.S. Manufacturers

Trucks may rule the road, but information rules decisions. If you're looking to do business with U.S. manufacturers, you can make the right one with data from IndustrySelect.

As a marketing and resource solution for industrial businesses, IndustrySelect offers access to the data of 400,000 U.S. manufacturers.

The data includes company size, key competitors, critical contact details and industry trends. All data is analyzed and compiled by expert researchers so you can be sure it's validated and accurate. Start your free demo today!

 

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