Over the past five years, the Local Specialized Freight Trucking industry bounced back from its abnormally low 2009 levels, though certain downstream markets have remained fragile, inhibiting revenue to reach its prerecessionary levels. Over the next five years, increased consumer spending and continued growth of the industrial and construction sectors are anticipated drive increases in demand for industry services. Moreover, the trend in outsourcing trucking and logistics, coupled with just-in-time (JIT) delivery, will further boost demand for specialized trucking.
Operators in this industry provide specialized road transportation for cargo using trucks and trailers. Local trucking establishments provide trucking within metropolitan areas that may cross state lines, and trips are often same-day return. Specialized freight transportation is the movement of cargo that requires specialized equipment for transportation because of the shipment’s size, weight and shape.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.