Industry Analysis & Industry Trends
Following the recession, the Long-Distance Freight Trucking industry returned to growth as household disposable income grew, leading to increases in industrial production and general trade volume. In the next five years, the industry is expected to grow. However, the industry will experience increased competition from the Rail Transportation industry due to fluctuations in fuel prices and greater consumer ocncern regarding environmental sustainability... purchase to read more
Industry Report - Industry Products Chapter
Activities in the industry can be broken up into two general groups: truckload freight, or consignments weighing more than 10,000 pounds, and less-than-truckload (LTL) freight, which encompasses consignments under 10,000 pounds but more than 150 pounds. Although some companies specialize in one segment, most operators provide truckload and LTL services. These activities are often coupled with other transportation services, such as logistics. Consequently, many large firms also generate revenue that is not directly associated with this industry. As demand from manufacturing and the wholesale trade sectors increase, long-distance freight trucking is expected to benefit.
Truckload carriers dominate the Long-Distance Freight Trucking industry... purchase to read more