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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 | Mar 2017

Keep on truckin': 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
$20bn
Annual Growth 12-17
0.4%
Annual Growth 17-22
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Profit
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Employment
93,558
Businesses
23,853
Industry Analysis & Industry Trends

The Long-Distance Freight Trucking industry has experienced modest growth over the past five years as the economy has begun to recover. However, the slow pace of this recovery and subpar industrial output have caused demand for industry services to remain relatively weak. The industry has also experienced rising competition from external industries. Low barriers to entry and weakened downstream demand have intensified price competition. Over the next five years, although increased trade, manufacturing and retail activity will stimulate growth during this period, competition from other modes of transportation will continue to curb industry revenue... purchase to read more

Industry Report - Industry Products Chapter

Services in the Long-Distance Freight Trucking industry can be segmented into two primary groups: truckload freight, or shipments weighing more than 4,536 kilograms, and less-than-truckload (LTL) freight, which includes shipments that weigh between 45 kilograms and 4,536 kilograms. Companies may specialize in just one of these services, though it is common for industry operators to provide both truckload and LTL services. Additionally, many operators supplement these activities with services that are not directly associated with long-distance freight trucking, such as the shipment of climate-controlled containers and a variety of value-added services.

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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. The movement of specialized freight is not included in this industry, though many operators generate marginal revenue through specialized freight activities.

Industry Products
Truckload carriersLess-than-truckload carriersClimate-controlled carriers Other services
 
Industry Activities
Long-distance truckload transportationLong-distance less-than-truckload (LTL) transportation


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