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|Market Size (industry trends)|
|Market Forecast (5-year projection)|
|Revenue per State|
|Salary & Compensation Statistics|
|Public Company Information|
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2019 U.S. Industry Statistics & Market Research - Long Distance Freight Trucking (Truckload)
Overview: the U.S. Long Distance Freight Trucking (Truckload) IndustryThis market research report provides answers to key questions about the industry:
This report shows the total market size for the Long Distance Freight Trucking (Truckload) industry, comprised of total revenues of both public and private companies over the last six years (2013-2018), current year estimates, and outlook to 2024.
The industry Outlook and Forecasts show how the Long Distance Freight Trucking (Truckload) industry is heading over the next six years (2019-2024). Market forecasts account for historical growth, cyclical changes, and general economic outlook.
The Market Analysis section shows the five-year growth trends for Long Distance Freight Trucking (Truckload), year-by-year from 2013-2018.
Forecasts for 2019-2024 for the industry show the future growth and market opportunity for Long Distance Freight Trucking (Truckload) companies.
The average number of employees and average revenue for a typical Long Distance Freight Trucking (Truckload) company is charted over time for the last five years to the present.
Track how many companies compete in the Long Distance Freight Trucking (Truckload) industry, and how the number of companies has changed over the past five years.
Market Size & Industry Statistics
The total U.S. industry market size for Long Distance Freight Trucking (Truckload):
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||2013 2014 2015 2016 2017 2018|
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|Average Revenue Per Firm|
|Average Employees Per Firm|
|Average Revenue Per Employee|
Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.
|Forecast / Industry Outlook||2019E||2020||2021||2022||2023||2024|
|Market Forecast ($ millions)|
|Projected Industry Growth Rate (%)|
Product & Services BreakdownResearch products and services in the Long Distance Freight Trucking (Truckload) 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|
Commercial Moving Services
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 Waste By Road
Transportation Of Hazardous Waste By Road
Transportation Of Other Goods By Road
Handling Services For Goods
Storage Services For Goods
Freight Transportation Arrangement Services
Rental Of Transportation Equipment, Except Cars, Light Trucks, And Motor Homes, Without Operators
U.S. Geographic Distribution: Revenue Statistics by StateMarket 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.
Long Distance Freight Trucking (Truckload) Industry Price TrendsRise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Long Distance Freight Trucking (Truckload) companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.
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|
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|Cost of Goods Sold|
|Pension, profit sharing plans, stock, annuity|
|Rent paid on business property|
|Domestic production activities deduction|
|Compensation of officers|
|Salaries and wages|
|Employee benefit programs|
|Taxes and Licenses|
|Other Operating Expenses|
|Total Operating Expenses|
|EBIT (Earnings Before Interest and Taxes)|
|Earnings Before Taxes|
Financial Ratio AnalysisFinancial ratio information can be used to benchmark how a Long Distance Freight Trucking (Truckload) 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 Long Distance Freight Trucking (Truckload) industry is performing.|
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 Long Distance Freight Trucking (Truckload) 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.|
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
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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 EmployeesCompensation 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|
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|General and Operations Managers||1%|
|Office and Administrative Support Occupations||12%|
|Transportation and Material Moving Occupations||76%|
|Motor Vehicle Operators||63%|
|Driver/Sales Workers and Truck Drivers||63%|
|Heavy and Tractor-Trailer Truck Drivers||60%|
|Material Moving Workers||10%|
|Laborers and Material Movers, Hand||8%|
|Laborers and Freight, Stock, and Material Movers, Hand||7%|
Long Distance Freight Trucking (Truckload) Competitor Landscape & Key Companies [PREMIUM]The most influential companies in the Long Distance Freight Trucking (Truckload) 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 Long Distance Freight Trucking (Truckload) industry and adjacent sectors:
Companies with the largest market share, focused in this industry
|Market leaders: |
Largest companies that have diversified operations in this and other industries
Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators and Disruptors in adjacent industries that may also affect the Long Distance Freight Trucking (Truckload) industry.
Government ContractsIn 2018, the federal government spent a total of $15,832,691 on Long Distance Freight Trucking (Truckload). It has awarded 243 contracts to 79 companies, with an average value of $200,414 per company.
|Most Recent Contracts||Date||Total Award Amount|
|GENESIS VENTURE LOGISTICS, L.L.C. |
10 Saint Ann Dr
|May 16, 2019||$75,070|
|SUPERIOR MOVING & STORAGE, INC. |
5101 Unruh Ave Frnt
|May 07, 2019||$33,999|
|APEX CONTAINER, INC. |
686 Grange Lane
Twin Falls, ID
|Apr 10, 2019||$6,000|
|RED ARROW CONSULTING, INC. |
150 120th Ave Ne F110
|Mar 25, 2019||$10,900|
|Z P TRANSPORT, INC. |
8614 Ne 55th Ave
|Mar 25, 2019||$457,425|
|MERCER TRANSPORTATION CO INC |
1128 W Main
|Mar 13, 2019||$1,333|