Long-Distance Refrigeration & Tank Trucking Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in providing long-distance specialized trucking. These establishments provide trucking between metropolitan areas that may cross North American country borders. Illustrative Examples: Long-distance automobile carrier trucking Long-distance refrigerated product trucking Long-distance bulk liquid trucking Long-distance trucking of waste Long-distance hazardous material trucking
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Long-Distance Refrigeration and Tank Trucking industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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 Refrigeration & Tank Trucking companies in the United States.
Long-Distance Refrigeration & Tank Trucking Revenue by State
Distribution by Company Size
| Company Size | All Industries | Long-Distance Refrigeration & Tank Trucking |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Long-Distance Refrigeration & Tank Trucking 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 are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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
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 Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Long-Distance Refrigeration & Tank Trucking industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| Trans of bulk lqds & gases, except in intermodal tank conts, by road |
| Trans of clim-contld box & pallet gds except intermdl tank conts, rd |
| Transportation of other goods by road |
| Trans of dry bulks, except in intermodal tank containers, by road |
| Transportation of automobiles by road |
| Trans of bulk liquids & gases in intermodal tank conts by road |
| Trans box & pallet gds no clim-ctrl, except intrmdl tnk cont, rd, tl |
| Transportation of livestock by road |
| Moving services |
Salary information for employees working in the Long-Distance Refrigeration & Tank Trucking industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| 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
$25,335,817 on the long-distance refrigeration & tank trucking industry. It has awarded 153 contracts to 41 companies, with an average value of $617,947 per company.
Top Companies in Long-Distance Refrigeration & Tank Trucking and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
