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Long-Distance Freight Trucking in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Long-Distance Freight Trucking in Canada Market Research Report | NAICS 48412CA | May 2016

Keep on truckin': The industry will grow as the economy recovers and trade increases

IBISWorld’s Long-Distance Freight Trucking market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 11-16
0.2%
Annual Growth 16-21
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Profit
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Employment
99,963
Businesses
22,111
Industry Analysis & Industry Trends

As the economy began to recover at a slow pace, demand for Long-Distance Freight Trucking industry services remained relatively weak. The industry has come under pressure form stronger internal and external competition, and low barriers to entry has intensified price competition. Nevertheless, demand has supported by just-in-time inventory mnagement. Looking forward, the industry will continue to grow as operators benefit from declining fuel prices and increased trade... purchase to read more

Industry Report - Industry Analysis Chapter

The Long-Distance Freight Trucking industry hit a few bumps on the road during the past five years, as slow economic growth weakened demand for industry services. Industry players transport freight across long distances between metropolitan areas within Canada or across the border. Initially, the industry began to expand as economic growth led to increased industrial, trade and retail activity, creating more demand for trucking. Nonetheless, the slow rate of economic growth and stiff competition in recent years have dramatically slowed industry growth. Therefore, in the five years to 2016, IBISWorld expects industry revenue to climb an annualised 0.2% to $19.8 billion... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Long-Distance Freight Trucking Industry?

This industry provides long-distance general freight trucking between metropolitan areas. The industry provides truckload services as well as less-than-truckload services. This does not include the movement of specialized freight.

Industry Products
Domestic truckingCross-border trucking (imports)Cross-border trucking (exports)
 
Industry Activities
Long-distance truckload carriersLong-distance less-than-truckload (LTL) carriers


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