Long-Distance Freight Trucking in Illinois
Over the five years to 2017, the Long-Distance Freight Trucking industry in Illinois has experienced tepid growth as positive national trends have been largely offset by the state's declining manufacturing activity and weak growth in disposable income. Over the five years to 2022, the industry is projected to experience strong growth as recovering manufacturing activity and surging levels of disposable income stimulate demand for industry services. Industry revenue is also forecast to benefit from upcoming increases in the price of diesel fuel, though rising fuel costs will likely cause industry profit margins to contract slightly over the five-year period.
Operators in this industry provide long-distance freight trucking services between metropolitan areas and along routes that may cross state and national borders. General freight companies handle a variety of goods, which are usually palletized and transported in a container or van trailer. The movement of specialized freight is not included in this industry.
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.