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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 2015

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

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
$175bn
Annual Growth 10-15
3.0%
Annual Growth 15-20
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Profit
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Employment
1,069,919
Businesses
356,701
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. In the next five years, the industry is expected to grow. However, the industry will experience increased competition from the Rail Transportation industry due to fluctuations in fuel prices and greater consumer ocncern regarding environmental sustainability... purchase to read more

Industry Report - Industry Investment Chapter

The Long-Distance Freight Trucking industry is a moderate capital-intensive industry. In 2015, IBISWorld estimates that $0.18 of capital is invested for every dollar spent on labor. Capital intensity has not changed significantly during the five years to 2015. 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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