This Market Intelligence Report focuses on truck freight marketplace in the United States from a supply chain sourcing perspective. The report includes the services of shipments by road ranging from truckload to less-than-truckload services. Primarily a fragmented and mature industry, freight – TL and LTL has a well developed supplier base. The freight – TL and LTL category has low product segmentation and serves primarily industrial and commercial markets. The demand for freight – TL and LTL is generated by various downstream industries with primary drivers including economic activity, industrial production, retail sector activity and construction. Key costs around the freight – TL and LTL category include labor, warehousing and storage and diesel fuel and capital purchases (truck, trailers, and containers). Major trends include fuel surcharges and green initiatives, among others. The risk outlook for the freight – TL and LTL industry is deteriorating based on the macroeconomic environment. Category management best practices around the freight – TL and LTL industry include strategic sourcing practices.
Starting with detailed background information to provide category context, this report provides insight into the market drivers around demand and key costs, including both historical and forecasted commodity pricing. The supply base section covers the top suppliers, including high-level overviews and market news. The report presents the NAICS category cost structure and historical, current and future pricing curves. The trend section reports new and emerging industry directions. Regulatory considerations include developing governmental initiatives. Risk outlooks offer a view into upstream drivers that could adversely affect the industry and category. Insights and Best Practices share winning strategies around the management and sourcing of this category.