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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 SWOT Analysis Chapter

The Long-Distance Freight Trucking industry is in the mature stage of its life cycle. Volatile industry performance in the five years to 2014 was primarily the result of the recession's dampening effect on the demand for freight. The industry generally moves in line with the overall economy and is a good measure of economic health. As the economy improves and demand for freight traffic increases, industry revenue and profit are expected to rise, though profit will be somewhat limited by competition from the Rail Transportation industry and increased diesel prices. In the 10 years to 2019, the industry's contribution to the overall economy, measured by industry value added (IVA), is expected to grow at an average annual rate of 4.3%... 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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