Bucket truck fleets serve the critical needs of the electric utility and telecommunications industries, and are an important tool for both the maintenance and construction of utility infrastructure world-wide. However, unlike the retail automobile industry, bucket truck manufacturers do not have comprehensive dealer networks. New bucket trucks are not manufactured in mass, and then shipped to dealer sales lots; for the most part, dealer sales lots do not exist. New bucket trucks are typically ordered, per specification, directly from the OEM. The challenge for buyers is that it can take six to twelve months for the product to be built and delivered. This can create a significant cost to the purchaser in the form of lost revenue, while they must wait for the unit(s). The cost can be mitigated by proper management of the purchasing cycle, however this management is not without cost. Additionally, contractors (who constitute a large portion of used bucket truck purchasers) typically bid for contracts. If the contract is awarded to them, they must typically expand their fleet rapidly. They are not likely to have a considerable excess bucket truck capacity, which sits idle until the next contract becomes available. This reality makes perfect management of the purchasing cycle very unlikely. Three primary options become available; buy used bucket trucks, find a dealer who stocks new bucket trucks with the proper specifications, or rent bucket trucks if available. In 2013, bucket truck rental options are at a crossroads. Demand, and thus utilization rates, of current rental fleets is high. Traditional rental fleets are reluctant to add additional units, as capital expenditures drive down returns to investors in the short-run. However, continued expenditures for growth and higher returns in the long-run must also be considered. Even when expansion is authorized, bucket truck rental fleets still face the challenge of OEM production times. Bucket truck end-users are caught in the middle, between customer demand, and suppliers that have limited capacity. Enter Utility Fleet, a company that understands the importance of exceeding bucket truck customer expectations. Future growth is driven by building long-lasting customer relationships through offering timely choices to fleet managers. Utility Fleet keeps new and remanufactured, used bucket trucks on ground and available to customers globally. Additionally, in 2013, Utility Fleet has begun rapid expansion of its bucket truck rental fleet. New, used, and rental units; all in one place, all from a single source. Bock Mary is an associated editor of Bucket Truck, which provides a huge inventory of utility bucket trucks, medium duty trucks and many more bucket trucks for sale across the USA.
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