February 19, 2020
Any destination is a day on-the-road ‘downfield’ of the Dallas-Fort Worth Metroplex (DFW). A vision for a hub that connects the whole continental United States made this fast-growing city what it is today. With one of the largest airports in the country, an expansive rail system, and a wheel of interstates with exits toward each direction make it one of the easiest places to base a transit-driven company.
In January of 2020, COOP launched in the DFW market with enthusiasm. Our truck-sharing platform fills the demand of this freight-transport-based economy perfectly. DFW is a great place to invest in fleet and expand your business.
Prepare for the growth of this gateway to the country, join the COOP platform, and start generating revenue with your idle vehicles. List your truck, tractor, or trailer at just the right time when other businesses will need to rent them in the Metroplex. Read on to see how vehicle owners can earn the most yearlong by sharing equipment based on DFW’s seasonal market trends.
Our insight, based on Ryder’s transaction statistics and our analysis of the DFW market, shows peak rental length and volume in the later months of the year. Month-by-month trends indicate a consistent demand for trailers, though different trailer varieties are more popular at different times of the year. The winter months see more dry and reefer trailer rentals while the summer months see more specialty trailer equipment like flatbeds.
Nondurable Goods and Freight Transport make up the gritty economic heart of the first city of the west, Fort Worth. Whereas Dallas’s top industries, Construction Work and Business Services, show the development of infrastructure in the last city of the east. Our analysis indicates that together these cities of the Metroplex offer long-term revenue generation for commercial fleet owners since they span many industries and different seasonal vehicle needs.
DFW is a highly adaptive market that mostly keeps a steady demand, but seasons still affect some commerce. Overall, the city tends to have a slow start after January, but sees a high demand for trailers all year as the bread-and-butter freight transport industry doesn’t cease.
Our data shows that certain types of vehicles are best for locking in long-term revenue yearlong. Sleeper and refrigerated equipment see a consistent demand throughout the year. Vehicle owners who are willing to list these kinds of heavy-duty vehicles have a chance to earn a steady income with the COOP platform.
Rental vehicle transactions reach the longest average rental length in Q4 for the holiday season as gifts and feasts make their way across the country. Leading indicators show that outside of the always-booming holidays, there are many other opportunities yearlong for completing transactions for the varied industrial demands of Metroplex. Diversification seems to be the name of the game in DFW, as businesses that are able to adapt to changing freight demands are able to do more than just rely on the holiday season.