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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 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
$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 SWOT Analysis Chapter

The Long-Distance Freight Trucking industry is in the mature stage of its life cycle. In the 10 years to 2019, the industry's contribution to the overall economy, measured by industry value added (IVA), is expected to increase at an average annual rate of 3.1%, moving similarly to GDP's annualized growth of 2.4%. Although the industry IVA is forecast to outpace GDP, the industry's performance in the past five years has actually been dampened by the recession's negative effect on the demand for freight. In reality most of the industry's IVA performance is due to relatively strong wage growth, driven by the need to replace retiring drivers and attract new workers.

In general the industry typically moves in line with the overall economy and is a good measure for economic health... 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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