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Local Specialized Freight Trucking in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON48422CA

Local Specialized Freight Trucking in Ontario industry analysis

Revenue for the Local Specialized Freight Trucking industry in Ontario is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x,xxx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Local Specialized Freight Trucking in Ontario Market Research Report

What’s Included in the Local Specialized Freight Trucking in Ontario Market Research Report

Definition of the Local Specialized Freight Trucking in Ontario?

Canadian local specialized freight trucking companies provide local trucking services using specialized equipment within a metropolitan area. Companies transport bulk liquids, dry bulk materials, forest products, automobiles, boats, livestock and other specialized freight. This does not include used goods transportation.

What’s included in the Local Specialized Freight Trucking in Ontario?

The Local Specialized Freight Trucking in Ontario includes local agricultural products trucking, local automobile carrier services, local boat, log, sand and coal hauling services, local bulk liquid trucking, local dump trucking and flatbed trucking and local refrigerated products trucking. Related terms covered in the Local Specialized Freight Trucking in Ontario industry report includes an additional charge introduced by transport operators to cover the increased cost of fuel. it is charged in addition to the freight rate, a strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only, liquid commodities such as water, oil, chemicals and petroleum products and dry commodities such as grain, coal, iron ore and gravel.

Industry Performance of the Local Specialized Freight Trucking industry in Ontario

Benchmark the Local Specialized Freight Trucking in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Local Specialized Freight Trucking in Ontario

#1 in Highest Revenue 31.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Local Specialized Freight Trucking in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Local Specialized Freight Trucking industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, demand from oil and gas extraction, value of nonresidential construction and value of residential construction are impacting Local Specialized Freight Trucking in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Demand from oil and gas extraction
Value of nonresidential construction
Value of residential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Local Specialized Freight Trucking industry in Ontario

Access proprietary data on Census Metropolitan Area in the Local Specialized Freight Trucking in Ontario, such as Toronto, Hamilton and Ottawa - Gatineau. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Local Specialized Freight Trucking industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Local Specialized Freight Trucking industry in Ontario in 2025?

The market size of the Local Specialized Freight Trucking industry in Ontario is $3.5bn in 2025.

How many businesses are there in the Local Specialized Freight Trucking industry in Ontario in 2025?

There are 4,779 businesses in the Local Specialized Freight Trucking industry in Ontario, which has been declining at an average annual rate of -0.2% from 2020 to 2025.

Has the Local Specialized Freight Trucking industry in Ontario grown or declined over the past 5 years?

The market size of the Local Specialized Freight Trucking industry in Ontario has been growing at an average annual rate of 4.6% from 2020 to 2025.

How many employees in the Local Specialized Freight Trucking industry in Ontario in 2025?

There are 8,415 employees in the Local Specialized Freight Trucking industry in Ontario, which has been growing at an average annual rate of 1.3% from 2020 to 2025.