Local Freight Trucking in Canada - Industry Market Research Report

Local Freight Trucking in Canada - Industry Market Research Report

  • July 2018 •
  • 31 pages •
  • Report ID: 4564315
Keep on trucking: Rebounds in the price of diesel fuel will benefit industry operators

Abstract

Local Freight Trucking in Canada
The Local Freight Trucking industry in Canada has experienced steady growth over the past five years, as stable economic growth has resulted in increased consumer spending and a greater volume of manufacturing inputs and consumer products being transported by industry operators. Moreover, the increasingly globalized nature of manufacturing and retail supply chains has caused many downstream industries to begin outsourcing their logistics operations to companies in this industry. Moving forward, the industry is expected to continue expanding as rising levels of disposable income continue to fuel discretionary consumer spending on a wide range of consumer products. In turn, this development will stimulate significant production activity among the nation’s manufacturers, boosting the volume of freight in need of industry transportation services.

Operators in this industry provide general freight trucking services over short distances. General freight companies handle a variety of commodities, which are usually palletized and transported in a container or van trailer. Local general freight trucking companies commonly provide trucking within a metropolitan area that may cross provincial borders, and these trips are typically same-day return.

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.
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Country=Canada Industry=RoadTransport ParentIndustry=HeavyIndustry Date=201807 Topic=Demand Publisher=Ibisworld Price=1000