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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 | Feb 2014

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

IBISWorld’s Long-Distance Freight Trucking market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$19bn
Annual Growth 09-14
0.8%
Annual Growth 14-19
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Profit
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Employment
96,694
Businesses
23,884
Industry Analysis & Industry Trends

The Long-Distance Freight Trucking industry struggled to maintain growth in the five years to 2014. The recession hurt trade activity, a main driver for the industry. However, in the five years to 2019, the industry is expected to grow at a faster rate as trade rebounds... 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 industry revenue combined in 2014. 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, 80.9% 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
Truckload carriersLess-than-truckload carriers
 
Industry Activities
Long-distance truckload carriersLong-distance less-than-truckload (LTL) carriers


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