Specialized Freight Trucking Industry: Statistics, Forecasts, and Company Data
Specialized Freight Trucking - Market Size and Industry Forecast
The 2023 Specialized Freight 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 specialized freight trucking industry.
| Historical | Forecasted |
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
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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.
Specialized Freight 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 Specialized Freight Trucking companies in the United States.
Specialized Freight Trucking Revenue by State

Distribution by Company Size
Company Size | All Industries | Specialized Freight Trucking |
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Small Business (< 5 Employees) | 
|
Small Business (5 - 20) |
Midsized Business (20 - 100) |
Large Business (100 - 500) |
Enterprise (> 500) |
Specialized Freight 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
Specialized Freight Trucking - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio | Industry Average |
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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 |
Specialized Freight Trucking - Product Mix
Product Description | Description | Revenue ($ Millions) |
---|
Industry total | 
|
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 |
Specialized Freight 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
$137,821,277 on the specialized freight trucking industry. It has awarded 4,011 contracts to 559 companies, with an average value of $246,550 per company.
Specialized Freight Trucking and Adjacent Industries - Top Companies
Company | Address | Revenue ($ Millions) |
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