General Freight Trucking industry includes establishments handling a wide variety of commodities, generally palletized, and transported in a container or van trailer. These establishments also provide network activities such as local pickup, local sorting and terminal operations, line-hauling, destination sorting and terminal operations, and local delivery. The revenues of the general freight transportation companies are derived from the fees paid by their customers, which are usually based on volume/weight of the goods carried and distance.
The global general freight trucking market was valued at $455.3 billion in 2017. North America was the largest geographic region accounting for $152 billion or 33.4% of the global market. And the USA was the largest country accounting for $115.6 billion or 25.4% of the global general freight trucking market.
The entry of automated vehicles with high-tech safety measures, cameras, radar, and Lidar sensors guiding the way, companies are able to save money through less fuel and more frequent schedules. A self-driving truck of Otto, a subsidiary of Uber Technologies Inc., in October 2016, completed the first a 120-mile delivery of beer by, in Colorado.
Companies Covered: Schneider national, Landstar, Swift Transportation, J B Hunt Transport Services, YRC Worldwide
Market Segments Included: Local General Freight Trucking; Long-Distance General Freight Trucking
Multi-Story Warehouses For A Better Land Utilization
Robotics Solutions To Reduce Delivery Time And Costs For Truck Transportation Companies
Use Of Alternative Energy Sources By Rail Transportation Companies To Operate A Rolling Stock And Stations
Redevelopment Of Railway Stations To Bring Additional Revenues And Jobs
On-Demand Delivery Apps – You Can Order Almost Anything From Your Smartphone
Airlines Increase Their Profit Margins With Ancillary Fees
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