Less than truckload (LTL) service is a type of road freight transportation used for shipments of relatively small freight. The shipments transported through LTL's generally weigh less-than 10,000 pounds. An LTL freight does not utilize the full capacity of a semi-trailer. LTL carriers take less transit time for transportation of shipments compared to full-truckload service providers. In addition, using a LTL carrier is cost effective for customers as shipment is transported for a fraction of the cost of hiring an entire truck. Often, LTL service providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging. They also provide strategic and operational value to many shippers worldwide. Currently, LTL service providers are improving logistics by introducing innovations in SCM.
TechNavio's analysts forecast the Less Than Truckload market in the US to grow at a CAGR of 6.78 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and growth prospects of the Less Than Truckload market in the US for the period 2014-2018. 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.
TechNavio's report, the Less Than Truckload Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also segments the market on the basis of types of LTL carriers in the US market.
Key Vendors
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* 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
Market Driver
* Developed Logistics Infrastructure
* For a full, detailed list, view our report
Market Challenge
* Rising Fuel Costs
* For a full, detailed list, view our report
Market Trend
* Value-added Services Offered by Vendors
* For a full, detailed list, view our report
Key Questions Answered in this Report
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Just Published: "Less Than Truckload (LTL) Market in the US 2014-2018"
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001