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Local Freight Trucking in Florida - Industry Market Research Report

Local Freight Trucking in Florida

The Local Freight Trucking industry in Florida has experienced modest growth over the five years to 2017 as strengthening economic conditions have boosted demand for transportation services across many markets. The industry serves downstream buyers in the manufacturing, wholesale and retail sectors of the economy, all of which have swelled during the five year period. Industrial production has been volatile, but has grown overall, contributing to manufacturers' demand for the transportation of raw materials. Meanwhile, consumer spending in Florida has increased at a moderate pace, boosting demand for transportation of finished consumer products to distribution centers and retail outlets. However, industry performance has not been as strong as demand would suggest over the past five years. Industry operators earn a portion of their revenue through cost-covering fuel surcharges; with the price of diesel fuel declining drastically over the five years to 2017, the amount of revenue earned through these surcharges has been significantly dampened.

Operators in this industry provide general freight trucking services over short distances. General freight companies handle a variety of commodities, which are usually palletized and transported in a container or van trailer. Local general freight trucking companies commonly provide trucking within a metropolitan area that may cross state lines, and the trips are typically same-day return.

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.


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

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