Cool ride: Downstream markets will aid revenue, but volatile diesel prices pose a threat

The Long-Distance Refrigerated Trucking industry has experienced solid gains over the past five years, which have helped offset the decline it faced during the recession due to contractions in general manufacturing production and personal consumption. Continuing its upward swing, the industry is expected to continue strongly improving as Americans increase purchase of frozen food, fruits, vegetables, meat, beef, cosmetics, flowers and other temperature-sensitive products...purchase to read more.

Industry Statistics & Market Size
Annual Growth 11-16
Forecast Growth 16-21
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry will benefit from higher volumes of temperature-sensitive goods needing to be transported
  • New regulations regarding drivers’ hours of service resulted in increased barriers to the industry
  • As the economy continues to recover, demand for industry services will increase
  • Industry Report - Industry SWOT Analysis Chapter

    The Long-Distance Refrigerated Trucking industry is in the mature phase of its life cycle. In the 10 years to 2021, IBISWorld estimates that the industry's industry value added (IVA), a measure of the industry's contribution to the overall economy, will grow an annualized 2.2% compared with average annual GDP growth of 2.1% over the same time frame. Typically, an industry is classified as mature when its IVA growth rate is in line with that of the US GDP.What is perhaps more suggestive of the industry's life cycle is the state of technological change, ability to expand and the nature of its downstream markets. The Long-Distance Refrigerated Trucking industry has a moderate level of technological change, most of which is aimed at increasing truck efficiency and safety. The...purchase to read more.

    Additional Insights for the Long-Distance Refrigerated Trucking Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Long-Distance Refrigerated Trucking Industry are

  • Optimum capacity utilization
  • Ensuring pricing policy is appropriate
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Demand from frozen food wholesaling and Total trade value in the Long-Distance Refrigerated Trucking industry impact industry performance..

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    What's in this report

    What is the Long-Distance Refrigerated Trucking Industry?

    Industry operators provide long-distance refrigerated trucking services, moving climate-sensitive products ranging from meat and poultry to pharmaceuticals and cosmetics, among other goods. Goods are typically transported from manufacturers to wholesalers and retailers throughout the country. This industry excludes any regional transportation services that can be completed in under a day.

    Industry Products
  • Refrigerated truckload
  • Brokerage and logistics
  • Dedicated services
  • Other services
  • Industry Activities
  • Providing refrigerated truckload services
  • Providing ancillary services like brokerage and logistics services
  • Providing ancillary services like dedicated services
  • Providing ancillary services like dry van truckload services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from frozen food wholesaling
  • Total trade value
  • Demand from fruit and vegetable wholesaling
  • External competition
  • Demand from meat, beef and poultry processing
  • Price of diesel

  • Current Performance
  • Demand and profit
  • Industry structure
  • Technology and competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream markets
  • Regulation
  • Competition
  • Table: Long-Distance Refrigerated Trucking Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Long-Distance Refrigerated Trucking Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Wholesale Trade
  • Retail Trade
  • Freight Forwarding Brokerages & Agencies

  • Key Selling Industries
  • Auto Parts Stores
  • Fuel Dealers
  • Gasoline & Petroleum Wholesaling
  • Tire Dealers
  • Truck & Bus Manufacturing
  • Truck, Trailer & Motor Home Manufacturing

  • Products & Services
  • Refrigerated truckload
  • Other services
  • Dedicated services
  • Brokerage and logistics
  • Chart: Long-Distance Refrigerated Trucking Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturers
  • Wholesalers and Retailers
  • Other services
  • Agricultural and farming
  • Chart: Major Market Segmentation for the Long-Distance Refrigerated Trucking Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchases and fuelWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Long-Distance Refrigerated Trucking

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Long-Distance Refrigerated Trucking Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Long-Distance Refrigerated Trucking Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Long-Distance Refrigerated Trucking Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Compliance, Safety, Accountability (Csa)
  • A program administered by the Federal Motor Carrier Safety Administration to improve commercial truck and bus safety by reducing crashes, injuries, and fatalities related to commercial motor vehicles
  • Fleet Telematics
  • Systems that use electronics and GPS to track the location and other characteristics (e.g. mileage or speed) of vehicles in a fleet.
  • Reefers
  • Temperature-controlled trucks used by operators in the industry.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Long-Distance Refrigerated Trucking contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Long-Distance Refrigerated Trucking:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Long-Distance Refrigerated Trucking market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Long-Distance Refrigerated Trucking, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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