Moving Services Industry

NAICS: 48421

For additional companies see the Specialized Freight Trucking Industry

Moving Services Market Share: Largest Companies in the Moving Services Industry

Company	Headquarters	Revenue ($ MM)
ARMSTRONG TRANSFER & STORAGE INC./ARMSTRONG RELOCATION COMPANY MEMPHIS	Memphis, TN	100
COLEMAN AMERICAN MOVING SERVICES	Midland City, AL	66
BERGER TRANSFER & STORAGE	Addison, IL	12
BELTMANN GROUP	Phoenix, AZ	12
ACE RELOCATION SYSTEMS	San Diego, CA	10
AMMAZING MOVES MOVING & STORAGE	Denver, CO	9
SUDDATH RELOCATION SYSTEMS OF CALIFORNIA	La Mirada, CA	9
WOODLAND MOVING & WAREHOUSE	West Hartford, CT	7
CORRIGAN WORLDWIDE	Farmington Hills, MI	6
JOHNSON STORAGE & MOVING CO 130	Centennial, CO	6
INTERSTATE VAN LINES	Springfield, VA	5
BEKINS A1 MOVERS	Sarasota, FL	5
MOVE SOLUTIONS LIMITED	Irving, TX	5
OLYMPIC MOVING & STORAGE	Watertown, MA	5
ROYAL HAWAIIAN MOVERS	Honolulu, HI	5
CITY MOVING	North Hollywood, CA	5
COMMERCIAL WORKS	Columbus, OH	4
2 MARINES & A TRUCK	Alexandria, VA	4
AMERICAN KNIGHTS MOVING & STORAGE	Houston, TX	4

This is a list of the largest companies active in the Moving Services industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Moving Services 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 Moving Services Companies

A list of competitors in the Moving Services 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. Moving Services 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 Moving Services 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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