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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 | Apr 2015

Smooth riding ahead: The industry will grow as the economy recovers and trade increases

IBISWorld’s Long-Distance Freight Trucking market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 10-15
0.7%
Annual Growth 15-20
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Profit
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Employment
101,016
Businesses
22,057
Industry Analysis & Industry Trends

As the economy began to recover at a slow pace, demand for 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 Key Buyers Chapter

The Long-Distance Freight Trucking industry is highly fragmented, and the top four companies account for less than 10.0% of combined industry revenue in 2015. The industry has a low level of concentration primarily due to the low barriers to entry. The industry is dominated by owner-operators; for example, 83.1% of enterprises have one to four employees. With a small amount of starting capital, a potential new entrant could purchase a truck and start a freight trucking company. However, the larger and well-established industry players are the ones that gain long-term contracts and earn higher revenue.

Although the industry has a low level of market share concentration, the industry is undergoing a phase of consolidation... 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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