United States Less than Truckload Market 2015-2019 - Outsourcing of Logistics Drives Growth with Con-way, FedEx, United Parcel Service & YRC Worldwide Dominating

Jul 14, 2015, 07:31 ET from Research and Markets

DUBLIN, July 08, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/54d6s4/less_than) has announced the addition of the "Less than Truckload Market in the US 2015-2019" report to their offering.

The less than truckload market in the US to grow at a CAGR of 8.15% over the period 2014-2019.

This report covers the present scenario and growth prospects of the less than truckload market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated by LTL freight service providers. It also presents the vendor landscape and corresponding detailed analysis of the top four vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also summarizes the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

In-house LTL operations attract costs related to truck and inventory management. LTL service providers offer rates based on volume of freight and distance of transportation. The shipment of palletized freight rather than loose cartons, using a spotted trailer, and loading and unloading assistance are some of the techniques that help customers reduce operational costs. Thus, reduction in costs by availing LTL carriers will drive the growth of the market during the forecast period.

According to the report, the US has a well-developed logistics infrastructure. This includes modern technology-enabled warehouses and transportation carriers, as well as road infrastructure. Strong road infrastructure allows for smooth movement of freight, reducing transportation time. Economic growth in the US will also add to the market's growth.

Further, the report states that fluctuation in the price of fuel affects the operation costs of LTL service providers, and in turn reduces their profit.

Key Vendors

  • Con-way
  • FedEx
  • United Parcel Service
  • YRC Worldwide

Other Prominent Vendors

  • A. Duie Pyle
  • AAA Cooper
  • ABF Freight System
  • Averitt Express
  • Central Transport International
  • Daylight Transport
  • Dayton Freight Lines
  • Estes Express Lines
  • New England Motor Freight
  • Oak Harbor Freight Lines
  • Old Dominion Freight Line
  • Pitt Ohio Express
  • R+L Carriers
  • Roadrunner Transportation
  • Saia
  • Southeastern Freight Lines
  • Ward Transport and Logistics
  • Wilson Trucking
  • YRC Regional

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. US Economic Outlook
  8. LTL Market in US
  9. Market Segmentation by LTL Carriers
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/54d6s4/less_than

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets