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Long-Distance Refrigeration & Tank Trucking (NAICS 48423) Industry Market Research Report

Long-Distance Refrigeration & Tank Trucking - Market Size and Forecast

The Long-Distance Refrigeration and Tank Trucking report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

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.

Industry Revenue ($ Billions)

Long-Distance Refrigeration & Tank Trucking Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Long-Distance Refrigeration & Tank Trucking - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Long-Distance Refrigeration & Tank Trucking companies in the United States.

Long-Distance Refrigeration & Tank Trucking Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesLong-Distance Refrigeration & Tank Trucking
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Long-Distance Refrigeration & Tank Trucking - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Long-Distance Refrigeration & Tank Trucking - Financial Ratio Analysis

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

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Long-Distance Refrigeration & Tank Trucking - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Trans of bulk lqds & gases, except in intermodal tank conts, by road
Trans of clim-contld box & pallet gds except intermdl tank conts, rd
Transportation of other goods by road
Trans of dry bulks, except in intermodal tank containers, by road
Transportation of automobiles by road
Trans of bulk liquids & gases in intermodal tank conts by road
Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl
Transportation of livestock by road
Moving services

Long-Distance Refrigeration & Tank Trucking - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%


Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations12%
Transportation and Material Moving Occupations76%
Motor Vehicle Operators63%
Driver/Sales Workers and Truck Drivers63%
Heavy and Tractor-Trailer Truck Drivers60%
Material Moving Workers10%
Laborers and Material Movers, Hand8%
Laborers and Freight, Stock, and Material Movers, Hand7%

Government Contracts

In 2008, the federal government spent a total of $25,335,817 on the long-distance refrigeration & tank trucking industry. It has awarded 153 contracts to 41 companies, with an average value of $617,947 per company.

Long-Distance Refrigeration & Tank Trucking and Adjacent Industries - Top Companies

($ Millions)


Long-Distance Refrigeration & Tank Trucking Industry Report
GeographyUnited States  
Publication DateOctober 2020
Report FormatPDF Download  

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