Market Share of North America Long-haul Transport Industry
The market is fragmented, with a large number of players. The trucking industry is currently marked by high levels of competition as each player tries to position themselves as the best service provider in terms of efficiency, effectiveness, and value for money. As a result, niches and sub-niches are developing within the sector to increase each player's competitive advantages.
The trucking industry has survived many crises and changes. There is nothing to suggest that the current challenges facing the industry are going to break it. On the contrary, it seems that major industry players such as Knight-Swift are taking advantage of the opportunities that come their way.
Some of the key players are UPS Inc., Fedex Corp., J.B. Hunt Transport Services, Knight-Swift Transport Services and YRC Worldwide.
North America Long-haul Transport Market Leaders
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UPS Inc.
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FedEx Corp.
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J.B. Hunt Transport Services
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Knight-Swift Transport Services
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YRC Worldwide
*Disclaimer: Major Players sorted in no particular order