The majority of trucks currently in use are still powered by diesel engines, although small- to medium-size trucks with gasoline engines exist in the US, Canada, and Mexico. In American English, a commercial vehicle without a trailer or other articulation is formally a "straight truck" while one designed specifically to pull a trailer is not a truck but a " tractor". Commercial trucks can be very large and powerful and may be configured to be mounted with specialized equipment, such as in the case of refuse trucks, fire trucks, concrete mixers, and suction excavators. Smaller varieties may be mechanically similar to some automobiles. Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame construction, with a cabin that is independent of the payload portion of the vehicle. For other uses, see Truck (disambiguation) and Lorry (disambiguation).įreightliner M2 dump truck A Mack Titan road train in Australia Liebherr T 282B hybrid electric mining truck A Mitsubishi Minicab MiEV battery-electric truckĪ truck or lorry is a motor vehicle designed to transport freight, carry specialized payloads, or perform other utilitarian work. TWU Nominees Pty Ltd, ABN 67 002 835 412, Australian Financial Services Licence 239163 ('TWUSUPER') as trustee of the TWU Superannuation Fund (ABN 77 343 563 307)."Trucks" and "Lorry" redirect here. Consider your personal financial situation, needs and objectives, which are not taken into account in this information, and the TWUSUPER Product Disclosure Statement (PDS) available at before making an investment decision. Modelling performed on 5 October 2022 using data as at 30 June 2022. See Assumptions for more details about modelling calculations and assumptions. Where a fund does not have a Balanced option, the option closest to SuperRatings benchmark range of 60% to 76% growth investments is used. This is generally the fund’s default option. A ‘main Balanced option’ being the fund’s largest Balanced option where 60% to 76% of the fund’s assets are invested in growth investments. Comparisons modelled by SuperRatings, commissioned by TWUSUPER and shows average differences in net benefit of TWUSUPER's balanced investment option and the 'main Balanced option' of retail funds tracked by SuperRatings, with a 5 (69 options), 10 (32 options) and 20 (12 options) year performance history, taking into account historical earnings and fees – excluding contribution, entry, exit and additional advisor fees – of 'main Balanced options'. TWUSUPER has on average outperformed the average retail fund over the past 20 years. * DISCLAIMER: Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund. Supporting the transport industry (overview).Retirement seminars & webinars (overview).How investments work in super (overview).Investment beliefs and governance (overview).Insurance cover and cost calculator (overview).Insurance strategy and claims philosophy.Support for members approaching retirement (overview).Setting up and managing your retirement (overview).Changing jobs and your super (overview).Key mistakes to avoid for owner drivers.Contributions and tax benefits (overview).Understand super in 5 minutes (overview).
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