General Freight Trucking, Long-Distance, Less Than Truckload - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments primarily engaged in providing long-distance, general freight, less than truckload (LTL) trucking. LTL carriage is characterized as multiple shipments combined onto a single truck for multiple deliveries within a network. These establishments are generally characterized by the following network activities: local pick-up, local sorting and terminal operations, line-haul, destination sorting and terminal operations, and local delivery. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

General Freight Trucking, Long-Distance, Less Than Truckload Market Size

This report includes historical and forecasted market sizes and industry trends for General Freight Trucking, Long-Distance, Less Than Truckload. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the General Freight Trucking, Long-Distance, Less Than Truckload industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the General Freight Trucking, Long-Distance, Less Than Truckload industry.

Geographic Breakdown by U.S. State

General Freight Trucking, Long-Distance, Less Than Truckload market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for General Freight Trucking, Long-Distance, Less Than Truckload companies in the United States.

Distribution by Company Size

Company Size	All Industries	General Freight Trucking, Long-Distance, Less Than Truckload
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" General Freight Trucking, Long-Distance, Less Than Truckload company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the General Freight Trucking, Long-Distance, Less Than Truckload industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Trans box & pallet gd, no clim-ctrl, except intrmd tnk cont, rd, ltl
Transportation of other goods by road
Trans of clim-contld box & pallet gds except intermdl tank conts, rd
Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl
Trans of dry bulks, except in intermodal tank containers, by road
Warehousing services
Transportation of other intermodal containers, nec, by road
Warehousing services - handling of goods
Trans of bulk lqds & gases, except in intermodal tank conts, by road

Compensation and Salary Surveys

Salary information for employees working in the General Freight Trucking, Long-Distance, Less Than Truckload industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%	Included
Chief Executives	0%
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%

Government Contracts

The federal government spent an annual total of $610,271 on the General Freight Trucking, Long-Distance, Less Than Truckload industry. It has awarded 18 contracts to 13 companies, with an average value of $46,944 per company.

Top Companies in General Freight Trucking, Long-Distance, Less Than Truckload and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included