A Brief Overview of the Freight Industry From Expedited International Shipping Services to Local LTL

Ltl freight companies

Goods and supplies are transported throughout the globe by a well-developed network. Currently, there are almost 12 million locomotives, rail cars, trucks, and vessels that accomplish this vital task. There are a variety of commodities that are transported across the United States and abroad. In the United States, however, the most valuable commodities being transported include electronics, machinery, and motorized vehicles.

E-Commerce and the Need for Expedited and LTL Freight Shipments

Given the substantial growth within the United States’ e-commerce sector, changes have occurred within the freight industry. Revenue in this sector is roughly $423.3 billion, and it continues to steadily increase. In order to deliver items ordered from a variety of e-commerce sources, full truckloads and less than truckloads are becoming the norm. This has made a significant impact on the retail industry and how parcel carriers handle the delivery of these items.

A Brief Overview of the Trucking Industry

The trucking industry alone transports a significant amount of cargo. In 2013, for instance, this amounted to almost 15 billion tons. According to the Bureau of Labor Statistics, the amount of cargo being transported by truck is predicted to increase to 18.79 billion tons by 2040. This will include expedited as well as LTL shipping services.

Specialized Shipping Services for Trade Shows

Trade shows, in particular, may require specialized shipping services. Since these shows are held throughout the United States at various convention centers, there is often a strong demand for expedited shipping. There were 252 convention centers located in the United States as of October 2016. The three states with the largest number of convention centers at that time were California, Florida, and Nevada. Both California and Nevada had 20 locations, while Nevada had 19.

Expedited International Shipping Services and Other Essential Resources

Is your business looking for specialty freight services? Whether you require expedited international shipping services or expedited local shipping services, these and other valuable resources are available to assist your company with fulfilling its contracts. When you consult with a transportation company, they will conduct a data analysis in order to provide you with the most timely and cost-efficient solutions.