Less than Truckload Market in the US 2015-2019

Published: Jun 2015 Pages: 68 SKU: IRTNTR6163

About Less Than Truckload
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.

Technavio's analysts forecast the less than truckload market in the US to grow at a CAGR of 8.15% over the period 2014-2019.

Covered in this Report
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.
Technavio's report, 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 Vendors
• Con-way
• FedEx
• United Parcel Service
• YRC Worldwide

Other Prominent Vendors
• 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
• 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?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Service Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Snapshot
06.2 Market Structure
07. US Economic Outlook
07.1 US Economic Outlook 2014
07.1.1 US: Economic Indicators
08. LTL Market in US
08.1 Market Size and Forecast by Revenue
08.2 Market Size and Forecast by Volume
08.3 Five Forces Analysis
09. Market Segmentation by LTL Carriers
09.1 LTL Market in US: Segmentation by Type of Carriers
09.2 LTL Market in US: Segmentation by Type of Carriers 2014-2019
09.3 National LTL Carriers Market in US
09.3.1 Market Size and Forecast
09.4 Super Regional LTL Carriers Market in US
09.4.1 Market Size and Forecast
09.5 Regional LTL Carriers Market in US
09.5.1 Market Size and Forecast
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
17.1 Competitive Scenario
17.2 Key Vendor Ranking 2014
17.3 Market Share Analysis 2013
17.4 Other Prominent Vendors
18. Key Vendor Analysis
18.1 Con-way
18.1.1 Key Facts
18.1.2 Business Overview
18.1.3 Business Segmentation by Revenue 2013
18.1.4 Business Segmentation by Revenue 2012 and 2013
18.1.5 Geographical Segmentation by Revenue 2013
18.1.6 Business Strategy
18.1.7 Recent Developments
18.1.8 SWOT Analysis
18.2 FedEx
18.2.1 Key Facts
18.2.2 Business Overview
18.2.3 Business Segmentation by Revenue 2014
18.2.4 Business Segmentation by Revenue 2013 and 2014
18.2.5 Geographical Segmentation by Revenue 2014
18.2.6 Business Strategy
18.2.7 Recent Developments
18.2.8 SWOT Analysis
18.3 UPS
18.3.1 Key Facts
18.3.2 Business Overview
18.3.3 Business Segmentation by Revenue 2013
18.3.4 Business Segmentation by Revenue 2012 and 2013
18.3.5 Geographical Segmentation by Revenue 2013
18.3.6 Business Strategy
18.3.7 Recent Developments
18.3.8 SWOT Analysis
18.4 YRC
18.4.1 Key Facts
18.4.2 Business Overview
18.4.3 Recent Developments
18.4.4 SWOT Analysis
19. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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