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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 | May 2016

Still trucking: The industry is expected to grow as consumer spending slowly increases

IBISWorld’s Long-Distance Freight Trucking market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$185bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
1,088,994
Businesses
362,726
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. Although massive drops in fuel prices have recently hurt industry revenue, a less sizable drop in 2016 is expected to be mitigated by a relatively strong increase in disposable income, which boosts consumer spending and supports demand for long-distance freight transportation. In the coming years, trucking will continue to be the most widely used mode of freight transportation, although the industry will experience increased competition due to fluctuations in fuel prices and greater consumer concern 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 companies 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

Truckload carriers dominate the Long-Distance Freight Trucking industry... 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 transportation services
 
Industry Activities
Long-distance truckload transitLong-distance less-than-truckload transit


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