This industry comprises establishments primarily engaged in providing local general freight trucking. General freight establishments handle a wide variety of commodities, generally palletized and transported in a container or van trailer. Local general freight trucking establishments usually provide trucking within a metropolitan area which may cross state lines. Generally the trips are same-day return. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Trucking freightened by fuel prices!
High fuel prices and driver shortages tend to adversely affect this growth industry. To combat driver shortages, major players have acquired smaller operators in efforts to increase their driver pool, while others have increased wages in order to retain and attract drivers. Companies are estimated to take the high road by setting performance goals to demonstrate environmental leadership in the future.
