Report forecast the less than truckload market in
the US to grow at a CAGR of 8.15% over the period 2014-2019.
Less than truckload (LTL) service is a type of
transportation used for shipments that usually weigh less-than 10,000 pounds.
An LTL freight does not utilize the full capacity of a semi-trailer. The
transit time of LTL carriers is less than that of full-truckload service
providers. In addition, using an LTL carrier is cost effective for customers as
the shipment is transported for a fraction of the cost of hiring an entire
truck. Often, LTL service providers go beyond logistics and provide value-added
services such as inventory management, cross-docking, door-to-door delivery,
and packaging. Currently, LTL service providers are improving logistics by introducing
innovations in SCM.
This report covers the present scenario and growth
prospects of the less than truckload market in the US for the period 2015-2019.
To calculate the market size, the report considers revenue generated by LTL
freight service providers. It also presents the vendor landscape and
corresponding detailed analysis of the top four vendors in the market. In
addition, it discusses the major drivers that influence the growth of the
market. It also summarizes the challenges faced by the vendors and the market
at large, as well as the key trends that are emerging in the market.
According to the report, the US has a
well-developed logistics infrastructure. This includes modern
technology-enabled warehouses and transportation carriers, as well as road
infrastructure. Strong road infrastructure allows for smooth movement of
freight, reducing transportation time. Economic growth in the US will also add
to the market's growth.
Further, the report states that fluctuation in the
price of fuel affects the operation costs of LTL service providers, and in turn
reduces their profit.
Less Than Truckload Market in the US 2015-2019,
has been prepared based on an in-depth market analysis with inputs from
industry experts. The report also segments the market based on the types of LTL
carriers operating in the US market.
key players in the less than truckload market in
the US: Con-way, FedEx, United Parcel Service and YRC Worldwide
Other Prominent Vendors in the market are: A. Duie
Pyle, AAA Cooper, ABF Freight System, Averitt Express, Central Transport
International, Daylight Transport, Dayton Freight Lines, Estes Express Lines,
New England Motor Freight, Oak Harbor Freight Lines, Old Dominion Freight Line,
Pitt Ohio Express, R+L Carriers, Roadrunner Transportation, Saia, Southeastern
Freight Lines, Ward Transport and Logistics, Wilson Trucking and YRC Regional
Market Driver
- Outsourcing of logistics
- For a full, detailed list, view our report
Market Challenge
- Shortage of skilled truck drivers
- For a full, detailed list, view our report
Market Trend
- Increase in M&A
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 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?
Spanning over 68 pages and 32 Exhibits
“Less
than Truckload Market in the US 2015-2019” report covers Executive Summary, List
of Abbreviations, Scope of the Report, Market Research Methodology, Introduction,
Market Landscape, US Economic Outlook, LTL Market in US, Market Segmentation by
LTL Carriers, Buying Criteria, Market Growth Drivers, Drivers and their Impact,
Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and
their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/46S
Find all Road Transport Reports at: http://www.marketresearchreports.com/road-transport
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