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Local Specialized Freight Trucking in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Local Specialized Freight Trucking Market Research Report | NAICS 48422 | Feb 2017

En route: Improvements in consumer spending and construction activity will drive growth

IBISWorld’s Local Specialized Freight Trucking market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
Annual Growth
Industry Threats & Opportunities
  • Demand for industry services has improved in line with recovering economic conditions
  • Increasing demand for industry services has encouraged more companies to enter the industry
  • Demand for industry services from the downstream market will be more tempered
  • ... purchase to read more

Industry Analysis & Industry Trends

The Local Specialized Freight Trucking industry initially enjoyed strong growth over the past five years, but eventually contracted. Over the five years to 2017, demand for industry services has improved in line with improving economic conditions. Industrial activity, as measured by the industrial production index, finally surpassed prerecessionary levels in 2015, while the value of construction finally began to rise in 2012. In the five years to 2022, continuing growth in consumer spending and construction activity will primarily drive this growth. However, with the manufacturing sector under pressure and oil and gas production growth tempered due to lower oil prices, demand for industry services is expected to be more subdued than in the past five years... ... purchase to read more

Industry Report - Industry Analysis Chapter

Until midway through the past five years, the Local Specialized Freight Trucking industry has enjoyed rapid growth, as the rebounding economy has bolstered demand for industry services. Industry players primarily use trucks to locally transport freight that cannot be loaded into standard trailers and require specialized care and vehicles. This includes automobiles, chemicals, oil, construction materials, iron ores, gases, gasoline, frozen food and heavy equipment. As the US economy recovered, consumer spending and industrial activity picked up, increasing demand for industry services. Moreover, the pickup in oil and gas production, led to increased demand for the transportation of fossil fuels and related products in tanker trucks, as well as the equipment required in production. How.. ... purchase to read more

Additional Insights for the Local Specialized Freight Trucking Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Local Specialized Freight Trucking Industry are

  • Accessibility to consumers
  • Having a good reputation
  • Ability to attract local support
  • IBISWorld analysts also discuss how external factors such as Industrial production index and US oil and gas production index in the Local Specialized Freight Trucking industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Local Specialized Freight Trucking Industry?

    Operators in this industry provide specialized road transportation for cargo using trucks and trailers. Local trucking establishments provide trucking within metropolitan areas that may cross state lines, and trips are often same-day return. Specialized freight transportation is the movement of cargo that requires specialized equipment for transportation because of the shipment’s size, weight and shape.

    Industry Products
    Bulk liquids and gasses trucking Dry bulk truckingClimate-controlled trucking Transportation of other goods and servicesTransportation of waste
    Industry Activities
    Local agricultural products truckingProviding local automobile carrier servicesProviding local boat, log, sand and coal hauling servicesLocal bulk liquid truckingLocal dump trucking and flatbed truckingLocal refrigerated products trucking

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Industrial production index
  • US oil and gas production index
  • Consumer spending
  • Value of construction
  • Price of diesel
  • Current Performance
  • Industry expansion and headwinds
  • Industry landscape
  • Other trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Moderated demand
  • Industry landscape
  • Table: Local Specialized Freight Trucking Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Local Specialized Freight Trucking Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Construction
  • Automobile Wholesaling
  • Frozen Food Wholesaling
  • Egg & Poultry Wholesaling
  • Beef & Pork Wholesaling
  • Chemical Wholesaling
  • Gasoline & Petroleum Wholesaling
  • Key Selling Industries
  • Auto Parts Manufacturing
  • Fuel Dealers
  • Truck & Bus Manufacturing
  • Truck, Trailer & Motor Home Manufacturing
  • Products & Services
  • Transportation of other goods and services
  • Dry bulk trucking
  • Bulk liquids and gasses trucking
  • Transportation of waste
  • Climate-controlled trucking
  • Chart: Local Specialized Freight Trucking Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Other
  • Chemical, petroleum and gas industries
  • Construction and mining sector
  • Industrial and automotive sectors
  • Food, beverage and agricultural sectors
  • Chart: Major Market Segmentation for the Local Specialized Freight Trucking Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent, utilities and depreciation
  • Other costs and marketing
  • Chart: Cost Structure Benchmarking – Sector vs Local Specialized Freight Trucking
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Local Specialized Freight Trucking Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Local Specialized Freight Trucking Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Local Specialized Freight Trucking Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Price of diesel (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Fuel Surcharge
  • An additional charge introduced by transport operators to cover the increased cost of fuel. It is charged in addition to the freight rate.
  • Just-In-Time (Jit)
  • A strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.
  • Less-Than-Truckload
  • Truck shipments between 100 pounds and 10,000 pounds.
  • Truckload
  • Truck shipments that weigh greater than 10,000 pounds. These shipments are generally carried by semi-trailers.

  • Why Buy this Report?
    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 Local Specialized Freight 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 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 Local Specialized Freight 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 Local Specialized Freight Trucking, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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