During the recession, the Long-Distance Freight Trucking industry faced difficult conditions and falling demand. Decreased consumer spending reduced the amount of freight requiring transport, causing revenue to fall. Nevertheless, as the economy recovers, consumers will spend more and demand for long-distance freight will increase. Average industry profit margins will also improve, due to higher demand for manufacturing and company acquisitions of more fuel-efficient vehicles.
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 or 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.