Global Less-than-truckload (LTL) Market 2018-2022

Global Less-than-truckload (LTL) Market 2018-2022

  • June 2018 •
  • 107 pages •
  • Report ID: 5442846 •
  • Format: PDF
About less-than-truckload (LTL)

Less-than-truckload (LTL) is a transportation service that is used for shipping relatively small loads of freight. LTL shipments contain lesser quantity in comparison to full truckload (FTL). To reduce the cost to the shipper, an LTL carrier will consolidate several LTL shipments on the same truck.
Technavio’s analysts forecast the Global less-than-truckload (LTL) market to grow at a CAGR of 4.74% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the less-than-truckload (LTL) market. To calculate the market size, the report considers the revenue generated from operations of carriers such as long-haul, superregional, and regional carriers.

The market is divided into the following segments based on geography:

Technavio’s report, Global Less-Than-Truckload (LTL) Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
•Deutsche Post
•United Parcel Service of America
•XPO Logistics

Market driver
• Advances of e-commerce in retail sector
• For a full, detailed list, view our report

Market challenge
• Pricing of LTL carriers
• For a full, detailed list, view our report

Market trend
• Emergence of big data
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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