Transportation and Warehousing in the US
The Transportation and Warehousing sector is a key component of the US economy. Sector operators transport freight and passengers using vehicles such as cars, trucks, trains, pipelines, ships and aircraft. The industry also includes transportation facilities operators, such as ports and warehouse owners, and logistics service providers, such as freight forwarders. Since the sector moves most of the goods and passengers in the United States its performance closely follows that of the overall economy. Consequently, as the United States' economy and trade grew over the past five years, so did the sector. Over the five years to 2023, sector revenue is forecast to climb due to anticipated growth in consumer spending, manufacturing output and trade.
This sector is primarily concerned with the transportation of passengers or cargo by air, rail water and road. Operators that supply associated support services are also included in this sector. It is important to note that establishments which are primarily engaged in providing travel agent services that support transportation and other establishments, such as hotels, businesses and government agencies are excluded from this sector.
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.