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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)
FEDEX FREIGHT EASTHarrison, AR100 
OLD DOMINION FREIGHT LINE (NASDAQ: ODFL)Thomasville, NC49 
SAIA MOTOR FREIGHT LINEJohns Creek, GA40 
NORTHERN NEW ENGLAND BENEFIT TRUST DBA ALLEGIANT CAREManchester, NH23 
KNIGHT TRANSPORTATION (NYSE: KNX)Phoenix, AZ11 
SAVAGE ENTERPRISES HOLDINGSMidvale, UT9 
SAVAGEMidvale, UT9 
MURPHY-HOFFMANLeawood, KS8 
TFORCE HOLDINGS USAOdessa, TX7 
SYNCREON AMERICAAuburn Hills, MI6 
A. DUIE PYLEWest Chester, PA6 
LOGISTICS INSIGHTWarren, MI6 


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.


.Additional Companies Operating in the Local Freight Trucking Industry

Company HeadquartersRevenue ($ MM)
AUGUSTINE CONSULTING (NYSE: LNC)Monterey, CA100 
PRINCIPAL LIFE INSURANCE (NYSE: PFG)Des Moines, IA94 
BOARD OF TRUSTEE OPERATING ENGINEERS VACATIONAlameda, CA54 
THYSSENKRUPP MATERIALS NASouthfield, MI25 
R & L CARRIERSWilmington, OH18 
C.H. ROBINSON WORLDWIDE (NASDAQ: CHRW)Eden Prairie, MN17 
SOUTHEASTERN FREIGHT LINESColumbia, SC13 
AVERITT EXPRESSCookeville, TN13 




.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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