General Freight Trucking, Long-Distance, Truckload - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in providing long-distance general freight truckload (TL) trucking. These long-distance general freight truckload carrier establishments provide full truck movement of freight from origin to destination. The shipment of freight on a truck is characterized as a full single load not combined with other shipments. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
General Freight Trucking, Long-Distance, Truckload Market Size
This report includes historical and forecasted market sizes and industry trends for General Freight Trucking, Long-Distance, 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, Truckload industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
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, Truckload industry.
Geographic Breakdown by U.S. State
General Freight Trucking, Long-Distance, 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, Truckload companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | General Freight Trucking, Long-Distance, 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, 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 | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
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, Truckload industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl | ||
| Transportation of other goods by road | ||
| Trans of clim-contld box & pallet gds except intermdl tank conts, rd | ||
| Trans of dry bulks, except in intermodal tank containers, by road | ||
| Transportation of other intermodal containers, nec, by road | ||
| Warehousing services | ||
| Trans of bulk lqds & gases, except in intermodal tank conts, by road | ||
| Domestic freight transportation arrangement service | ||
| Trans box & pallet gd, no clim-ctrl, except intrmd tnk cont, rd, ltl | ||
Compensation and Salary Surveys
Salary information for employees working in the General Freight Trucking, Long-Distance, 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 $61,586,882 on the General Freight Trucking, Long-Distance, Truckload industry. It has awarded 490 contracts to 66 companies, with an average value of $933,135 per company.Top Companies in General Freight Trucking, Long-Distance, Truckload and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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