Specialized Freight Trucking - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry group comprises establishments primarily engaged in providing local or long-distance specialized freight trucking. The establishments of this industry are primarily engaged in the transportation of freight which, because of size, weight, shape, or other inherent characteristics, requires specialized equipment, such as flatbeds, tankers, or refrigerated trailers. This industry includes the transportation of used household, institutional, and commercial furniture and equipment.Source: U.S. Census Bureau
Specialized Freight Trucking Market Size
This report includes historical and forecasted market sizes and industry trends for Specialized Freight Trucking. 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 Specialized Freight Trucking 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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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| 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 Specialized Freight Trucking industry.
Geographic Breakdown by U.S. State
Specialized Freight Trucking 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 Specialized Freight Trucking companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Specialized Freight Trucking |
|---|---|---|
| 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" Specialized Freight Trucking 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 Specialized Freight Trucking industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Transportation of other goods by road | ||
| Trans of dry bulks, except in intermodal tank containers, by road | ||
| Moving services | ||
| Residential moving services | ||
| 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 automobiles by road | ||
| Trans of bulk liquids & gases in intermodal tank conts by road | ||
| Commercial moving services | ||
Compensation and Salary Surveys
Salary information for employees working in the Specialized Freight Trucking 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 $137,821,277 on the Specialized Freight Trucking industry. It has awarded 4,011 contracts to 559 companies, with an average value of $246,550 per company.Top Companies in Specialized Freight Trucking and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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