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REPOWR’s data shows it cost more in ‘25 for a short-term dry van rental
Yahoo Finance· 2025-12-23 12:00
Core Insights - REPOWR is focusing on short-term leasing capabilities in the trailer market, with recent statistics highlighting its business performance [1] Group 1: Leasing Rates and Trends - The average daily rate for leasing a dry van increased to $19.42 in 2025, up from $16.93 in 2024 and $18.88 in 2023, despite a weaker trucking industry in 2025 [2] - The average leasing duration for REPOWR dry van customers decreased to 45 days in both 2024 and 2025, down from 51 days in 2023 [2] Group 2: Market Dynamics - The rise in dry van rates in a weak market is attributed to REPOWR's strategic actions, including reducing the carrier base to eliminate fraud [3][4] - A more concentrated carrier base has led to increased prices from suppliers, as they focus on using REPOWR to enhance revenue [4] Group 3: Comparison of Trailer Types - Flatbed rates remained stable, with a low of $37.10 in 2024 and a high of $39.81 in 2025, while the reservation length fluctuated from 132 days in 2023 to 115 days in 2025 [5] - Reefer prices decreased from $48.68 in 2023 to $36.65 in 2024, then increased to $39.61 in 2025, with average reservation lengths also changing [5] - The decline in reefer prices is attributed to previously elevated levels rather than a significant weakness in the market [6] Group 4: Company Overview - REPOWR operates as a technology company that matches carriers needing short-term trailer capacity with trailer owners, facilitating leasing without long-term commitments [6]