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Long-Distance Freight Trucking in the US - Industry Market Research Report

  • ID: 312935
  • Report
  • January 2020
  • Region: United States
  • 39 pages
  • IBISWorld
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The long haul: Revenue will likely rise with increased trade and growth in industrial production

Long-Distance Freight Trucking in the US

Over the five years to 2019, the Long-Distance Freight Trucking industry has experienced growth as economic conditions improved. However, massive drops in fuel prices negatively affected the industry in 2015 and 2016. Furthermore, poor manufacturing output and commodity prices in these years presented another challenge for industry operators, as revenue ultimately declined despite improving profit margins. Fortunately, these conditions were offset by strong growth in per capita disposable income, which prompted greater consumer spending, driving industry demand upward. Moving forward, trucking will continue to be the most widely used mode of freight transportation. As demand for industry services continues to increase, the driver shortage is expected to continue and average rates will increase, leading industry wages to rise as a share of revenue.

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 and less-than-truckload carriers.

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.

Note: Product cover images may vary from those shown
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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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