Industry Analysis & Industry Trends
During the recession, the Long-Distance Freight Trucking industry faced difficult conditions and falling demand. Declining consumer spending reduced the amount of freight needing transport, causing revenue to fall. Nevertheless, as the economy recovers, consumers will spend more, and demand for long-distance freight will increase. Profit will also improve, due to higher demand for manufacturing and company acquisitions of more fuel-efficient vehicles... purchase to read more
Industry Report - Industry Locations Chapter
The geographical distribution of establishments largely reflects industrial and agricultural output spread and land-bridging activity of imports in the United States. Land bridging is the interchange of freight between ocean transportation and different forms of ground transportation, including long-distance freight trucking and rail. Large container ships unload cargo on the West Coast and then distribute the cargo by land to the East Coast via Chicago. Transporting goods across the United States via truck rather than across the Panama Channel via ship saves about one week of transit time.
The high proportion of establishments in the Southeast, Great Lakes and Plains regions reflect greater output from industrial, manufacturing and agricultural production, respectively... purchase to read more