2025 General Freight Trucking Industry Report

Industry Overview

This industry group comprises establishments primarily engaged in providing general freight trucking. General freight trucking establishments handle a wide variety of commodities, generally palletized, and transported in a container or van trailer. The establishments of this industry group provide a combination of the following network activities: local pick-up, local sorting and terminal operations, line-haul, destination sorting and terminal operations, and local delivery.
Source: US Census Bureau

Market Size and Industry Forecast

The General Freight Trucking industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the General Freight Trucking industry.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for General Freight Trucking companies in the United States.

General Freight Trucking Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesGeneral Freight Trucking
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

General Freight Trucking Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

General Freight Trucking Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl
Trans box & pallet gd, no clim-ctrl, except intrmd tnk cont, rd, ltl
Transportation of other goods by road
Trans of clim-contld box & pallet gds except intermdl tank conts, rd
Trans of dry bulks, except in intermodal tank containers, by road
Transportation of other intermodal containers, nec, by road
Warehousing services
Trans of bulk lqds & gases, except in intermodal tank conts, by road
Trans of bulk liquids & gases in intermodal tank conts by road

General Freight Trucking Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations3%

Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations12%
Transportation and Material Moving Occupations76%
Motor Vehicle Operators63%
Driver/Sales Workers and Truck Drivers63%
Heavy and Tractor-Trailer Truck Drivers60%
Material Moving Workers10%
Laborers and Material Movers, Hand8%
Laborers and Freight, Stock, and Material Movers, Hand7%

Government Contracts

The federal government spent an annual total of $69,502,337 on the general freight trucking industry. It has awarded 771 contracts to 173 companies, with an average value of $401,748 per company.

Top Companies in General Freight Trucking and Adjacent Industries

CompanyAddressRevenue
($ Millions)



Report Objectives

For Private Equity Firms & Investors

  • Analyze unbiased statistics for the General Freight Trucking market
  • Review historical and forecasted growth trends
  • Benchmark companies against the industry average

For Business Executives

  • Develop a strategy based on concrete statistics
  • Identify opportunities based on market size and growth rates

For Startups

  • Get the information you need for the "Market Analysis" section of your business plan
  • Show market size in the U.S. and by state

For Venture Capital

  • Understand market opportunity and current size
  • Evaluate the market potential of a disruptive technology in the General Freight Trucking industry



Buy the General Freight Trucking Report
GeographyUnited States
Publication DateFebruary 2025
Report FormatPDF Download  PDF
Price
$995
Industry Report Contents
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