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. 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 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 firms also generate revenue that is not directly associated with this industry. As the demand from manufacturing and the wholesale trade sectors increase, long-distance freight trucking is expected to benefit.
Truckload carriers dominate the Long-Distance Freight Trucking industry... purchase to read more