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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 | Sep 2014

Keep on trucking: Increased consumer spending will boost inventory restocking and, in turn, industry demand

IBISWorld’s Long-Distance Freight Trucking market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The Long-Distance Freight Trucking industry is a moderate capital-intensive industry. In 2014, IBISWorld estimates that $0.17 of capital is invested for every dollar spent on labor. Capital intensity has not changed significantly during the five years to 2014. The industry does not have excessively high capital investment requirements; a driver can get a loan for a truck and easily become a freight-trucking operator. However, because of the highly competitive nature of the industry and low profit, capital investment is used to maximize capacity. Multiple truck drivers often operate in shifts, ensuring a truck is in service for the maximum amount of hours per day... 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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