But it's basically the same size as the F-150 from the 80s, and double the size of the Ford Ranger from that era.

By no means is it a compact truck any more.

The Maverick fills that space but has limitations (less towing capacity than a 90's Ranger). I've seen it used by a ton of service folks that need a pickup but not for towing (1500 payload).

Even the Maverick is GVWR 5100. The original Ranger was around 3200 GVWR, which these days almost makes it a kei truck.