Long-Distance Freight Trucking in Canada
The Long-Distance Freight Trucking industry in Canada has experienced modest growth over the five years to 2019. As economic conditions have begun to improve, industrial, retail and trade activity have climbed. The industry has contended with rising competition from external industries. Low barriers to entry and weakened downstream demand have intensified price competition, especially among smaller carriers. Over the next five years, industry revenue is expected to increase. Though increased trade, manufacturing and retail activity will stimulate revenue growth during this period, competition from other modes of transportation will continue to curb the industry's expansion
This industry provides long-distance general freight trucking between metropolitan areas. The industry provides truckload services in addition to less-than-truckload services. The movement of specialized freight is not included in this industry, though many operators generate marginal revenue through specialized freight activities.
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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook