| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2025 U.S. Industry Statistics & Market Forecast - General Freight Trucking, Local
Market Size & Industry Statistics
The total U.S. industry market size for General Freight Trucking, Local:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the General Freight Trucking, Local industry include:- Increase in e-commerce adoption
- Rising fuel costs
- Advancements in telematics and GPS tracking
- Stringent emissions regulations
- Growth in urbanization
- Labor shortages and driver retention issues
- Expansion of same-day delivery services
- Adoption of electric and alternative fuel trucks
- Increased focus on sustainability and CSR initiatives
- Integration of AI and automation in logistics
- Fluctuating trade policies and economic conditions
Product & Services Breakdown
Research products and services in the General Freight Trucking, Local industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
|||
Transportation Of Documents And Parcels |
|||
Local Transportation And Delivery Of Small Purchased Or Serviced Items |
|||
Transportation Of Bulk Liquids And Gases In Intermodal Tank Containers By Road |
|||
Transportation Of Bulk Liquids And Gases, Except In Intermodal Tank Containers, By Road |
|||
Transportation Of Dry Bulks, Except In Intermodal Tank Containers, By Road |
|||
Transportation Of Climate-Controlled Boxed, Palletized And Other Packed Goods, Except In Intermodal Tank Containers, By Road |
|||
Transportation Of Boxed, Palletized And Other Packed Goods, Not Climate-Controlled And Not In Intermodal Containers, By Road, Tr |
|||
Transportation Of Boxed, Palletized And Other Packed Goods, Not Climate-Controlled And Not In Intermodal Containers, By Road, Le |
|||
Transportation Of Climate-Controlled Intermodal Containers, Not Elsewhere Classified, By Road |
|||
Transportation Of Other Intermodal Containers, Not Elsewhere Classified, By Road |
|||
Transportation Of Other Goods By Road |
|||
Drayage Services |
|||
Warehousing Services |
|||
Handling Services For Goods |
|||
Storage Services For Goods |
|||
Freight Transportation Arrangement Services |
|||
Other Products |
|||
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a General Freight Trucking, Local company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the General Freight Trucking, Local industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on General Freight Trucking, Local measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Office and Administrative Support Occupations | 11% | |||
| Transportation and Material Moving Occupations | 75% | |||
| Motor Vehicle Operators | 63% | |||
| Driver/Sales Workers and Truck Drivers | 63% | |||
| Heavy and Tractor-Trailer Truck Drivers | 58% | |||
| Material Moving Workers | 9% | |||
| Laborers and Material Movers | 8% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 7% | |||
General Freight Trucking, Local Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the General Freight Trucking, Local industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the General Freight Trucking, Local industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the General Freight Trucking, Local industry. |
Source:
Latest Industry News
- Could a July 1 drop in CT tax lower the cost of goods? Maybe - This tax cut comes at a critical time when the economy is facing much uncertainty between conflict in the Middle East that could affect oil prices and the [federal] administration’s (07/08/2025)
- The CT diesel fuel tax dropped this month. What you should know - Since most goods delivered to CT come by truck, changes in the diesel tax can impact the price of groceries, clothing, medications and more. (07/07/2025)
- US Postal Service expands new delivery standards nationwide - The U.S. Postal Service is slowing down service to remote post offices to speed up the rest of the mail distribution system and even out volume flows. (07/06/2025)
- English proficiency rule for truckers shaking up cross-border freight market - Stricter enforcement of the English language proficiency rule is already having an impact on the freight market between the U.S. and Mexico. (07/01/2025)
- The 4 Types of Load Boards – When and How to Use Each - Load boards are one of the most misunderstood tools in trucking. Too many carriers treat them like their main source of business instead of what they really are—a tactical tool to bridge the gap, not build the whole strategy. (06/29/2025)
- Local General Freight Trucking Markets Report 2025-2034 Electric Trucks And AI Tools To Transform Local Freight Industry Efficiency, Fueling Expansion And Growth - MENAFN.COM - The Local General Freight Trucking Market is projected to reach USD 119.8 billion by 2025, with an anticipated CAGR of 2.2% forecasting global sales to climb to USD 145.7 billion by 2034. (06/16/2025)
- Local General Freight Trucking Markets Report 2025-2034 | Electric Trucks and AI Tools to Transform Local Freight Industry Efficiency, Fueling Expansion and Growth - Yahoo Finance - The global Local General Freight Trucking market is projected to grow from USD 119.8 billion in 2025 to USD 145.7 billion by 2034, at a CAGR of 2.2%. The market supports e-commerce and short-haul ... (06/16/2025)
- Trucking clickbait - Is the buzz around ACT EXPO translating to real ROI? We decode the tangible value vs. costs of attending trucking's biggest showcase and what it means for your bottom line. (05/27/2025)
- What Kinds Of Transmissions Do Semi-Trucks Use? - The transmission in a semi-truck does a lot of heavy lifting, but how do they actually work? Here are all the types of transmission these heavy duty trucks use. (05/24/2025)
- DOT confirms Trump order to get truck drivers who aren't proficient in English off the road - The Trump administration restored a penalty of taking truck drivers with limited English out of service, raising concerns over a shortage of drivers and discrimination. (05/23/2025)
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.