General Freight Trucking, Long-Distance, Less Than Truckload Industry in the United States - Market Report
KENTLEY INDUSTRY INSIGHTS MARKET REPORT
This Market Report is an in-depth evaluation of the General Freight Trucking, Long-Distance, Less Than Truckload Industry in the United States. Kentley Insights’ Market Reports are based on billions of data points created from millions of annual comprehensive business surveys. Used for a range of strategic purposes, from due diligence to streamlining to forecasting to evaluating new opportunities, Kentley Market Reports deliver the fact base and insights needed to make better informed decisions. The report has rich benchmarks, trend analysis, and ratios covering industry sales, growth, firms, employment, payroll, OPEX, financial ratios, profitability, state stats, firm size data, productivity, and much more.
This industry comprises establishments primarily engaged in providing long-distance, general freight, less than truckload (LTL) trucking. LTL carriage is characterized as multiple shipments combined onto a single truck for multiple deliveries within a network. These establishments are generally characterized by the following network activities: local pickup, local sorting and terminal operations, line-haul, destination sorting and terminal operations, and local delivery.
SELECT STATS IN THIS MARKET REPORT
The General Freight Trucking, Long-Distance, Less Than Truckload Industry in the United States…
INDUSTRY SIZE & ATTRACTIVENESS
In 2010, industry sales were $32 billion
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In 2009, the average revenue per employee was $151,964
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63% of firms are profitable
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0.2% of revenues are spent on advertising
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SALARY BY STATE BENCHMARKING
California averages $46,878 in compensation per employee
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GEOGRAPHIC EXPANSION ASSESSMENT
State Population per Employee
1 out of 3,254 people in New York work in the industry
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FINANCIAL RATIO BENCHMARKS
The Asset Turnover of the industry is 0.4
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There are 4,344 companies in the industry
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SALARY TRENDS BY SIZE OF FIRM
In 2009, average compensation per employee was $45,267