Long-Distance Freight Trucking in Canada - Industry Market Research Report
Description
Long-Distance Freight Trucking in Canada
Revenue for long-distance freight trucking services is expected to grow alongside favourable consumer trends. Consumption rates among consumers continue to grow, and the skyrocketing popularity of e-commerce has benefited demand for freight transportation. Meanwhile, the operating landscape has been difficult amid the pandemic and heightened internal price-based competition. Revenue is expected to grow at a CAGR of 1.3% over the past five years to $31.5 billion through the end of 2023, despite a decline of 1.4% in 2023 alone when profit will account for 11.9% of revenue.
The Long-Distance Freight Trucking industry in Canada 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."
Revenue for long-distance freight trucking services is expected to grow alongside favourable consumer trends. Consumption rates among consumers continue to grow, and the skyrocketing popularity of e-commerce has benefited demand for freight transportation. Meanwhile, the operating landscape has been difficult amid the pandemic and heightened internal price-based competition. Revenue is expected to grow at a CAGR of 1.3% over the past five years to $31.5 billion through the end of 2023, despite a decline of 1.4% in 2023 alone when profit will account for 11.9% of revenue.
The Long-Distance Freight Trucking industry in Canada 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."
Table of Contents
41 Pages
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
Pricing
Currency Rates
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