Over the five years to 2016, demand for industry services has improved in line with recovering economic conditions. In the coming years, continuing growth in consumer spending, industrial and construction activity, as well as increased oil and gas production, will primarily drive growth. Moreover, the outsourcing of private trucking operations and JIT delivery and inventory management will continue to provide sustained stimulus for the industry.
Operators in this industry provide specialized road transportation for cargo using trucks and trailers. Local trucking establishments provide trucking within metropolitan areas that may cross state lines, and trips are often same-day return. Specialized freight transportation is the movement of cargo that requires specialized equipment for transportation because of the shipment’s size, weight and shape.
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.