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Full Truckload Transportation Market in North America 2017-2021

Full Truckload Transportation Market in North America 2017-2021

About Full Truckload Transportation

Full truckload carriers transport bulk freight. The full truckload segment is likely to experience steady growth during the forecast period. These carriers ship a wide variety of items. Different types of equipment and insurance are required for different kinds of freight. Some vendors primarily transport food and perishable products, and some specialize in moving hazardous materials only. The typical truckload shipments are transported by flatbed, dry van, and refrigerated trailers.

Technavio’s analysts forecast the full truckload transportation market in North America to grow at a CAGR of 3.56% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the full truckload transportation market in North America for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • US
  • Canada
  • Mexico
Technavio's report, Full Truckload Transportation Market in North America 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • FedEx
  • J.B. Hunt Transport Services
  • Knight-Swift Transportation
  • Schneider National
  • UPS
  • YRC Worldwide
Other prominent vendors
  • NFI Industries
  • Ryder System
  • Werner
  • XPO Logistics
Market driver
  • Full truckload transportation–An integral part of intermodal transportation
  • For a full, detailed list, view our report
Market challenge
  • Competitive pricing and higher operational costs
  • For a full, detailed list, view our report
Market trend
  • Increasing popularity of RFID tags
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Full Truckload Transportation Market in North America 2017-2021

Technavio recognizes the following companies as the key players in the full truckload transportation market in North America: FedEx, J.B. Hunt Transport Services, Knight-Swift Transportation, Schneider National, UPS, and YRC Worldwide.

Other Prominent Vendors in the market are: NFI Industries, Ryder System, Werner, and XPO Logistics.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing popularity of RFID tags. Electromagnetic fields are used to identify objects that are attached to RFID tags. Information, such as cargo details and date, in which the cargo is transported and time stamp are electronically stored in these fields. RFID tags have many applications in the field of transportation. ”

According to the report, one driver in the market is full truckload transportation–An integral part of intermodal transportation. Intermodal transportation uses various modes of transportation for shipping single or multiple shipments from the same source. Full truckload transportation is used to transfer the shipments to either rail or sea terminals. This is because they may not be directly connected to the shipper. The full truckload transportation segment dominates the intermodal transportation. This is because not all ports or cities are accessible through water channels. Hence, it is noticed that full truckload transportation is gaining popularity globally.

Further, the report states that one challenge in the market is competitive pricing and higher operational costs. Operational costs are constantly fluctuating because of the volatility in prices of crude oil. As the freight companies are under contract, they cannot pass on the changes in the fuel prices to their buyers. With the act of renewing contracts, customers of freight service providers negotiate for lower prices. There is a considerable increase in the demand for value-added services and specialized professional supply chain solutions. Full truckload transportation carriers are becoming increasingly competitive in terms of pricing their services. This has decreased the profitability of companies in the road freight business.

Companies Mentioned

FedEx, J.B. Hunt Transport Services, Knight-Swift Transportation, Schneider National, UPS, YRC Worldwide, NFI Industries, Ryder System, Werner, and XPO Logistics.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Advantages of FTL over other transportation
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Road freight transportation market in North America
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Regional - Market size and forecast 2016-2021 ($ billions)
      • Table Regional - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Table Five forces analysis 2021
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by type of products
    • Segmentation by type of products
      • Table Type of products - Market share 2016-2021 (%)
    • Comparison by type of products
      • Table Comparison by type of products
    • Food and beverage products - Market size and forecast 2016-2021
      • Table Food and beverage products - Market size and forecast 2016-2021 ($ billions)
      • Table Food and beverages products - Year-over-year growth 2017-2021 (%)
    • Agricultural products - Market size and forecast 2016-2021
      • Table Production of cereals across North America 2011-2015 (metric tons)
      • Table Agricultural products - Market size and forecast 2016-2021 ($ billions)
      • Table Agricultural products - Year-over-year growth 2017-2021 (%)
    • Metals - Market size and forecast 2016-2021
      • Table Metals transported via full truckload transportation
      • Table Metals - Market size and forecast 2016-2021 ($ billions)
      • Table Metals - Year-over-year growth 2017-2021 (%)
    • Other products - Market size and forecast 2016- 2021
      • Table Other products - Market size and forecast 2016-2021 ($ billions)
      • Table Other products - Year-over-year growth 2017-2021 (%)
    • Market opportunity by type of products
      • Table Market opportunity by type of products
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table North America - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Country-wise comparison
    • US - Market size and forecast 2016-2021
      • Table US - Market size and forecast 2016-2021 ($ billions)
      • Table Industrial production growth rate in US 2013-2016 (%)
      • Table HFCE growth rate in US 2010-2015 (%)
      • Table US - Year-over-year growth 2017-2021 (%)
    • Canada - Market size and forecast 2016-2021
      • Table Canada - Market size and forecast 2016-2021 ($ billions)
      • Table Segmentation of sales of food and beverages in Canada 2016 (%)
      • Table Canada - Year-over-year growth 2017-2021 (%)
    • Mexico - Market size and forecast 2016-2021
      • Table Mexico - Market size and forecast 2016-2021 ($ billions)
      • Table Exports of Mexico 2010-2016 at constant 2010 $ value ($ billions)
      • Table GDP growth rate of Mexico 2010-2016 (%)
      • Table Mexico - Year-over-year growth 2017-2021 (%)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Segmentation of operating cost of trucking industry 2016 (%)
      • Table Average crude oil prices 2014-2016 ($/bbl)
      • Table Advantages of full truckload transportation
      • Table GDP growth rate in North America 2011-2016 (annual %)
    • Market challenges
      • Table Transportation-related GHG emissions in North America 2015 (Metric Tons of Carbon Dioxide Equivalent)
  • Market trends
    • Increasing popularity of RFID tags
    • Growing need for clean energy
    • Rising popularity of driverless trucks
  • Vendor Landscape
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • FedEx
      • Table Vendor overview
      • Table FedEx - Business segments
      • Table FedEx - Organizational developments
      • Table FedEx - Geographic focus
      • Table FedEx - Segment focus
      • Table FedEx - Key offerings
    • J.B. Hunt Transport Services
      • Table Vendor overview
      • Table J.B. Hunt Transport Services - Business segments
      • Table J.B. Hunt Transport Services - Organizational developments
      • Table J.B. Hunt Transport Services - Geographic focus
      • Table J.B. Hunt Transport Services - Segment focus
      • Table J.B. Hunt Transport Services - Key offerings
    • Knight-Swift Transportation
      • Table Vendor overview
      • Table Knight-Swift Transportation - Business segments
      • Table Knight-Swift Transportation - Organizational developments
      • Table Knight-Swift Transportation - Geographic focus
      • Table Knight-Swift Transportation - Segment focus
      • Table Knight-Swift Transportation - Key offerings
    • Schneider National
      • Table Vendor overview
      • Table Schneider National - Business segments
      • Table Schneider National - Organizational developments
      • Table Schneider National - Geographic focus
      • Table Schneider National - Segment focus
      • Table Schneider National - Key offerings
    • UPS
      • Table Vendor overview
      • Table UPS - Business segments
      • Table UPS - Organizational developments
      • Table UPS - Geographic focus
      • Table UPS - Segment focus
      • Table UPS - Key offerings
    • YRC Worldwide
      • Table Vendor overview
      • Table YRC Worldwide - Business segments
      • Table YRC Worldwide - Organizational developments
      • Table YRC Worldwide - Geographic focus
      • Table YRC Worldwide - Segment focus
      • Table YRC Worldwide - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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