Tank Truck, Refrigeration & Other Long-Distance Trucking in the US

Back On the Road Again

In the mature stage of its life cycle, the Tank Truck, Refrigeration & Other Long-Distance Trucking industry is forecast to record moderate growth over the outlook period, buoyed by improving economic conditions, greater out-sourcing activity by major shipping companies to independent contractors and continued high growth in demand for fresh produce. The industry has witnessed a trend away from long-distance freight movements to short-to-medium length hauls. Labor shortages continue to be a problem for this industry.

This industry is part of the Truck Transportation sub sector within the Transportation sector in the US. Firms within this sub sector provide over-the-road, specialized, transportation of cargo with trucks and trailers over a long distance. Specialized freight transportation is the transportation of cargo that, because of size, weight, shape, or other inherent characteristics require specialized equipment for transportation. Firms within this industry transport automobiles, gravel, sand, dirt, chemicals, frozen goods, livestock, milk, and petroleum. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.