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Long-Distance Freight Trucking in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Long-Distance Freight Trucking Market Research Report | NAICS 48412 | Jun 2014

Trucking on: Renewed spending will boost demand for freight, but input costs will remain volatile

IBISWorld’s Long-Distance Freight Trucking market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$174bn
Annual Growth 09-14
4.9%
Annual Growth 14-19
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Profit
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Employment
1,111,968
Businesses
349,820
Industry Analysis & Industry Trends

During the recession, the Long-Distance Freight Trucking industry faced difficult conditions and falling demand. Decreased consumer spending reduced the amount of freight requiring transport, causing revenue to fall. Nevertheless, as the economy recovers, consumers will spend more and demand for long-distance freight will increase. Average industry profit margins will also improve, due to higher demand for manufacturing and company acquisitions of more fuel-efficient vehicles... purchase to read more

Industry Report - Industry Analysis Chapter

The Long-Distance Freight Trucking industry has experienced many challenges during the five years to 2014, including several years of soaring fuel costs and reduced demand for services. Many companies cut inventories to save costs, particularly in 2009. Since then, manufacturing activity and retail spending have picked up and companies have begun to replace inventories as consumers gain more confidence in the economy and discretionary spending increases. Inventory restocking has resulted in higher freight volumes and is expected to help boost revenue 1.5% in 2014. Furthermore, IBISWorld estimates that revenue will grow at an annualized rate of 4.9% to $174.2 billion in the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Long-Distance Freight Trucking Industry?

Operators in the Long-Distance Freight Trucking industry handle various commodities, usually palletized and transported in containers or van trailers. Establishments typically provide trucking between metropolitan areas and regions that may cross North American country borders. The industry includes establishments operating as truckload or less-than-truckload carriers.

Industry Products
Truckload carriersLess-than-truckload carriersOther services
 
Industry Activities
Long-distance truckload transitLong-distance less-than-truckload transit


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