Local Freight Trucking in Canada - Industry Market Research Report

Local Freight Trucking in Canada - Industry Market Research Report


Local Freight Trucking in Canada

Canadian local freight truckers have benefited from robust growth through 2023 as consumer spending recovers following the pandemic. Truckers will transport greater volumes of manufacturing inputs and consumer products as the government lifts pandemic restrictions. Increasingly complex manufacturing and retail supply chains has also pressured many downstream industries to outsource logistics operations and transportation to local freight truckers. Local freight trucking revenue has been skyrocketing at a CAGR of 4.1% over the past five years, and is expected to total $17.6 billion through 2023, despite dropping an estimated 1.3% in 2023 as economic recoveries stall.

Operators in the Local Freight Trucking industry in Canada 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.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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