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New Study Projects Encouraging 5 Year Growth for Trucking Sector

One of the most encouraging reports that we've read so far this year should boost confidence throughout the trucking sector in terms of future planning. The report has been compiled by the Market Research Store following analysis of many of the largest firms in the industry and includes an examination of the annual year-over-year growth forecast for domestic road freight transportation carriers for the period 2015-2019.

Starting with the parameters of the report is most helpful to understand just how encouraging the study is. It's a very inclusive analysis that takes into account less than truckload and full truckload carriers in addition to refrigerated vehicles. Telllingly the report hasn't taken exisiting numbers and historical/economical trends to produce the data but has instead compiled the data from those who head the sector including Con-way Inc., J.B. Hunt Transport Services Inc., Schneider National Inc., Swift Transportation Inc. and Werner Enterprises Inc.

In addition to these vendors the same research was completed with leaders from more than 30 other large freight and logisitics companies across the United States.

The element of the report that may draw the most fanfare is the report's conclusion that the compounded year-over-year growth rate for the sector is an encouraging 4.67% for the entire duration of the study period. The fact that these are compounded rates make that projection even more significant in my opinion and should certainly raise optimism across the sector.

The full report delivers a detailed analysis of the overall vendor landscape in addition to in-depth summaries from each of the top five vendors in the market as listed above. The report offers far more than statistics however as it presents a summary of the major challenges that will be faced, the overall strengths and weaknesses of the primary vendors and what key changes and opportunities are likely to seen within the industry over the coming five years.

The full 67 page report is published via PDF and is definitely aimed at the executive level within the industry but it is certainly worth requesting a sample from the publisher. Pricing for the entire report begins at $2,500 and full details are also available via the site above.

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WHAT IS HOT SHOT TRUCKING? AKA HOTSHOT TRUCKING

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Industries We Serve

Modern day hot shot trucking provides the speed and exclusivity you need to meet the most demanding and time-sensitive shipping requirements. We use every resource, avenue, and channel available to ship your freight by ground or air. Designed specifically to address supply and distribution problems that arise without warning, hotshot trucking tactics involve coordinating a network of carriers in a variety of locations. By calling on the vehicles closest to your supply or distribution points, hotshot brokers can fill any sudden gaps in your supply network almost as soon as they happen. This minimizes the disruption to your business and allows you to quickly return to ordinary operations, weathering the storm without skipping a beat.

Automotive

The automotive supply chain already has significant challenges. Don’t let malfunctioning equipment stop the production line. Step on the gas with HotShotTrucking.com’s suite of services that will get you back in the fast lane. With HotShotTrucking.com, companies are devising shipping strategies to swiftly deliver critical parts and equipment — whether it's ground expedite service with sprinter vans, box trucks and 53-foot tractor trailers or air freight and air cargo.

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Aviation & Aerospace

Every moment a commercial airliner sits on the ground, it costs an airline money. Expedited freight services by HotShotTrucking.com can get you back in the air with prompt delivery of parts and equipment throughout North America. We are equipped with the expertise to navigate the complexities of shipping jet engines and other types of loads, and our network of hot shot drivers has extensive experience transporting aviation assets.

Learn More About Aviation & Aerospace

Construction

One shipping delay can snowball and cause delays throughout your entire project. You need an experienced 3PL provider who understands the construction industry and has the logistical reach to deliver your freight on time, anywhere. That 3PL partner is HotShotTrucking.com. Whether in the air or on the ground via truck and trailer, we can connect companies to expedited freight services for the prompt delivery of parts and equipment throughout North America.

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Mining & Metals

From cranes to chemicals to excavators to conveyor belts, HotShotTrucking.com has the experience and industry know-how required for shipping sensitive, oversized, and hazardous equipment. Third-party hot shot trucking and logistics providers such as HotShotTrucking.com specialize in devising and implementing innovative shipping solutions, ensuring mines can swiftly return to operation. We’ll pick up your shipment, deliver it to the airport and receive it at the other end – providing hand-carried service as necessary or required.

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Manufacturing

Every moment a manufacturing facility or factory sits idle costs a company money because of the high costs involved. With many manufacturers building to only just-in-time production rates, any disruption threatens parts and vehicle inventories. This is where the speed and expertise of freight services from HotShotTrucking.com can make a difference throughout the entire manufacturing supply chain. We do all the logistical legwork to find the optimal solution for your job, whether it's an exclusive air charter or expedited ground shipping.

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Telecommunications

From servers to cell towers, information, voice, and data must flow to keep businesses, production, and the public online and connected. When equipment goes dark, depend on HotShotTrucking.com to get your systems flashing green again. This is where the speed and experience of trucking and freight services from HotShotTrucking.com can help. Our hot shot truck network excels at the prompt delivery of parts and equipment throughout North America.

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Oil & Gas

The oil and gas industry faces challenging conditions in offshore and onshore oil rigs, often in remote locations with limited infrastructure. Don’t let oil pumps or pipelines sit idle waiting for equipment. By having the right plans, parts, people, and logistics partner like HotShotTrucking.com, you can effectively mitigate plant or pump downtime, unscheduled disruptions, and equipment failures.

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