Long-Distance Refrigeration & Tank Trucking Industry: Statistics, Forecasts, and Company Data
Long-Distance Refrigeration & Tank Trucking - Market Size and Industry Forecast
The 2023 Long-Distance Refrigeration and Tank Trucking Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the long-distance refrigeration & tank trucking industry.
| Historical | Forecasted |
|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|
| Market Size (Total Revenue) | 
|
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial data.Industry Revenue ($ Billions)
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
Distribution by Company Size
| Company Size | All Industries | Long-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:
- 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" company (both public and private companies included).
| Industry Average | Percent 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
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 Ratio | Industry Average |
|---|
| Profitability Ratios |
|
| Profit Margin |
| ROE |
| ROA |
| 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 Description | Description | Revenue
($ 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
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% |
|
| 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
In the past, the federal government spent an annual 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 $617,947 per company.
Long-Distance Refrigeration & Tank Trucking and Adjacent Industries - Top Companies
| Company | Address | Revenue
($ Millions) |
|---|
|
