2025 Long Distance Freight Trucking (Truckload) Industry Report

Industry Overview

This U.S. industry comprises establishments primarily engaged in providing long-distance general freight truckload (TL) trucking. These long-distance general freight truckload carrier establishments provide full truck movement of freight from origin to destination. The shipment of freight on a truck is characterized as a full single load not combined with other shipments.
Source: US Census Bureau

Market Size and Industry Forecast

The Long Distance Freight Trucking (Truckload) 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 Long Distance Freight Trucking (Truckload) industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
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



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 Long Distance Freight Trucking (Truckload) companies in the United States.

Distribution by Company Size

Company Size	All Industries	Long Distance Freight Trucking (Truckload)
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Long Distance Freight Trucking (Truckload) Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent 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

Financial Ratio Analysis

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

Financial Ratio	Industry 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

Long Distance Freight Trucking (Truckload) Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl
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
Domestic freight transportation arrangement service
Trans box & pallet gd, no clim-ctrl, except intrmd tnk cont, rd, ltl

Long Distance Freight Trucking (Truckload) Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	1%
Office and Administrative Support Occupations	12%
Transportation and Material Moving Occupations	76%
Motor Vehicle Operators	63%
Driver/Sales Workers and Truck Drivers	63%
Heavy and Tractor-Trailer Truck Drivers	60%
Material Moving Workers	10%
Laborers and Material Movers, Hand	8%
Laborers and Freight, Stock, and Material Movers, Hand	7%

Government Contracts

The federal government spent an annual total of $61,586,882 on the long distance freight trucking (truckload) industry. It has awarded 490 contracts to 66 companies, with an average value of $933,135 per company.

Top Companies in Long Distance Freight Trucking (Truckload) and Adjacent Industries

Company	Address	Revenue ($ Millions)