Transportation Services Sector Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 10/11/2021
SIC Codes: 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47
NAICS Codes: 48, 49
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Transportation Services Sector Industry Profile

Companies in this industry are primarily engaged in providing transportation services, including air transportation of passengers and freight; support activities to transportation; mail services under a universal service obligation; and air, surface, or combined mode courier and express deliver services of parcels not operating under a universal service obligation. Major companies include Union Pacific, United Airlines, UPS, US Postal Service, and YRC Freight (all based in the US), as well as AP Moller Maersk (Denmark), Deutsche Lufthansa and Deutsche Post (both based in Germany), and East Japan Railway and NYK Line (both based in Japan).

The global transportation services sector is concentrated in large, heavily industrialized nations such as the US, China, Japan, Canada, and Germany. Emerging economies with growing middle classes present opportunities for market expansion. Western Europe is the largest region in the global transport services market, followed by Asia-Pacific.

The US transportation services sector includes about 240,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $900 billion.

COMPETITIVE LANDSCAPE

Transportation services companies depend highly on the health of the global economy, which affects manufacturing output, commodity trade, consumer and business spending, and business and leisure travel activity. Because many costs are fixed, the profitability of individual companies is determined by efficient operations and on favorable fuel and labor costs. Large companies enjoy economies of scale in purchasing and the ability to provide more extensive ...

 
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