Long-Distance Freight Trucking in Florida - Industry Market Research Report

April 2019 •
21 pages •
Report ID: 5470385 •
Format: PDF

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Go the distance: Rising consumer spending and stabilizing fuel prices will rev up industry growth

Abstract

Long-Distance Freight Trucking in Florida
The Long-Distance Freight Trucking industry in Florida has experienced strong growth over the past five years as improving conditions in the Florida economy have fueled consumer spending and manufacturing activity, bolstering demand for freight transportation services. Moreover, increasing US trade activity has enabled industry operators to generate significant revenue by transporting imported goods from Florida ports to consumers and retail outlets in landlocked regions across the United States. In recent years, demand for industry services has surged in line with improving consumer conditions and stable growth in the Florida economy. Moving forward, the industry is projected to continue expanding as strong growth in consumer spending and manufacturing activity is bolstered by a projected upswing in the price of diesel fuel.

Operators in this industry provide long-distance freight trucking services between metropolitan areas and along routes that may cross state and national borders. Freight transportation companies handle various goods, which are usually palletized and transported in a container or van trailer. Companies that primarily transport specialized freight are not included in this industry.

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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