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 Products Chapter
The Long-Distance Freight Trucking industry provides truckload shipping and less-than-truckload shipping. With truckload freight, shipments weigh more than 4,536 kilograms, and with less-than-truckload (LTL) freight, shipments are generally between 45 kilograms and 4,536 kilograms. Some companies may specialize in truckload shipping while others may focus on LTL shipping, but most companies offer both. Although shipping can be combined with other transportation services, such as logistics, these activities are not included in the industry. However, the industry does offer some transportation-related value-added services.
Domestic trucking accounts for 50.6% of industry revenue... purchase to read more