IncFact
Company Profiles: Revenue, Growth, Competition

Local Freight Trucking Industry

NAICS: 48411

For additional companies see the General Freight Trucking Industry

Contents

.Local Freight Trucking Market Share: Largest Companies in the Local Freight Trucking Industry

Company HeadquartersRevenue ($ MM)
OLD DOMINION FREIGHT LINE (NASDAQ: ODFL)Thomasville, NC100 
FEDEX FREIGHTMemphis, TN94 
SAIA MOTOR FREIGHT LINEDuluth, GA49 
NORTHERN NEW ENGLAND BENEFIT TRUST DBA ALLEGIANT CAREManchester, NH30 
SHAMROCK CARTAGEMinooka, IL22 
SAVAGE ENTERPRISES HOLDINGSMidvale, UT18 
TFORCE FREIGHTRichmond, VA18 
TFORCE HOLDINGS USADallas, TX15 
COVENANT TRANSPORT (NASDAQ: CVTI)Chattanooga, TN11 
MURPHY-HOFFMANLeawood, KS9 
TEAMSTERS LOCAL 170 GROUP LIFE INSURANCE PLANWorcester, MA9 
SOUTHERN MAIL SERVICEHouston, TX9 
A. DUIE PYLEWest Chester, PA9 
SAVAGEMidvale, UT9 
PITT OHIO EXPRESSPittsburgh, PA7 
TEAMSTERS MEDICARE TRUST FOR RETIRED EMPLOYEESSt. Louis, MO5 
CARTER EXPRESSAnderson, IN4 
NIND HOLDINGSWoodside, NY4 
SUDDATHJacksonville, FL4 


See exact company revenues in this list


This is a list of the largest companies active in the Local Freight Trucking industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Local Freight Trucking industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.


.Growth: Fastest Growing Local Freight Trucking Companies

A list of competitors in the Local Freight Trucking industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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.Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Local Freight Trucking businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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. Venture Funding

These Local Freight Trucking companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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