Industry Data & Market Research

2023 U.S. Industry Statistics & Market Forecast - Scheduled Freight Air Transportation

Market Size & Industry Statistics

The total U.S. industry market size for Scheduled Freight Air Transportation: 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.

Scheduled Freight Air Transportation market size 2023
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2017        2018        2019        2020        2021        2022
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
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook 2023 2024 2025 2026 2027 2028
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

The Scheduled Freight Air Transportation industry is facing several key trends that are driving changes and shaping its future. One of the most significant trends is the increasing demand for e-commerce and online shopping, which has resulted in rising volumes of small parcel shipments. To cater to these changing consumer behaviors, air freight carriers are expanding their capacity and investing in more efficient cargo handling and delivery systems.

Another important trend is the growth of emerging economies, particularly in Asia and Africa, which are driving demand for air freight services. Companies are investing heavily in new aircraft and technology to meet the surge in demand.

Environmental concerns are also having a significant impact on the industry. Regulators around the world are introducing stricter emissions regulations, and airlines are under increasing pressure to reduce their carbon footprint. In response, airlines are adopting measures such as investing in new fuel-efficient aircraft, optimizing routes and increasing use of sustainable aviation fuel.

Automation and digitization are also trends that are reshaping the industry. Many airlines are investing in new technologies such as radio-frequency identification (RFID) and blockchain to better track and manage cargo movements. Automated systems for cargo processing and booking are also becoming increasingly popular.

Finally, changing trade patterns and geopolitical tensions are also having an impact on the industry. Tariffs, sanctions, and political instability can all hamper exports and disrupt supply chains, affecting cargo volumes and revenue for air freight carriers. With these trends in mind, it is clear that the industry must remain flexible, innovative, and responsive to change in order to stay competitive in an ever-changing global market.

Product & Services Breakdown

Research products and services in the Scheduled Freight Air Transportation industry generating sales. Note that products are broken into categories with different levels of classification.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

International, Scheduled Passenger Transportation By Air

International, Scheduled Passenger Transportation By Air, Coach Class

Rental Of Aircraft With Crew For Air Carrier Use (Wet Leasing)

Transportation Of Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air

International, Scheduled Transportation Of Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air

Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air

International, Non-Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By A

International, Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air

Domestic, Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air

Domestic, Scheduled Transportation Of Bundled Postal Mail By Air

Transportation Of Other Goods By Air

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.

U.S. map by state

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 AveragePercent 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
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
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
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Scheduled Freight Air Transportation company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry 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 Scheduled Freight Air Transportation 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 Scheduled Freight Air Transportation measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry 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 IndicatorsIndustry 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.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 2%

Order at top of page
Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations 26%
Information and Record Clerks 20%
Reservation and Transportation Ticket Agents and Travel Clerks 17%
Reservation and Transportation Ticket Agents and Travel Clerks 17%
Installation, Maintenance, and Repair Occupations 7%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 6%
Aircraft Mechanics and Service Technicians 6%
Aircraft Mechanics and Service Technicians 6%
Transportation and Material Moving Occupations 62%
Air Transportation Workers 43%
Aircraft Pilots and Flight Engineers 18%
Airline Pilots, Copilots, and Flight Engineers 17%
Flight Attendants 24%
Flight Attendants 24%
Material Moving Workers 17%
Laborers and Material Movers 13%
Laborers and Freight, Stock, and Material Movers, Hand 11%
Source: Bureau of Labor Statistics

Scheduled Freight Air Transportation Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Scheduled Freight Air Transportation 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 Scheduled Freight Air Transportation 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
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Scheduled Freight Air Transportation industry.

Government Contracts

In 2022, the federal government spent a total of $80,090,398 on Scheduled Freight Air Transportation. It has awarded 237 contracts to 42 companies, with an average value of $1,906,914 per company.   

Most Recent Contracts Date Total Award Amount
1400 N Hurstbourne Pkwy
Louisville, KY
Jun 21, 2023$19,182

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.

Industries Related to Scheduled Freight Air Transportation

Scheduled Freight Air Transportation Market Report