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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 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
$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 - Starting a New Business Chapter

The Long-Distance Freight Trucking industry has low barriers to entry. New entrants can operate a company in the industry with little experience or capital. Due to these low barriers to entry, there are a large number of small companies and owner-operators. Although smaller companies may only reach across different areas within Canada, larger companies can travel across borders and serve a larger area. However, these bigger operations require more capital and labour. The only formal barriers to entry are obtaining a commercial driver's licence and registering the company with the state, which are not prohibitive actions. Entrants wishing to enter on a large scale face stiff competition from incumbent industry leaders... 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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