Market Research Reports, Inc. has announced the addition of “Less than Truckload Market in the US 2015-2019” research report to their website http://www.MarketResearchReports.com

Lewes, DE -- (SBWire) -- 06/24/2015 --Report forecast the less than truckload market in the US to grow at a CAGR of 8.15% over the period 2014-2019.

Less than truckload (LTL) service is a type of transportation used for shipments that usually weigh less-than 10,000 pounds. An LTL freight does not utilize the full capacity of a semi-trailer. The transit time of LTL carriers is less than that of full-truckload service providers. In addition, using an LTL carrier is cost effective for customers as the shipment is transported for a fraction of the cost of hiring an entire truck. Often, LTL service providers go beyond logistics and provide value-added services such as inventory management, cross-docking, door-to-door delivery, and packaging. Currently, LTL service providers are improving logistics by introducing innovations in SCM.

This report covers the present scenario and growth prospects of the less than truckload market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated by LTL freight service providers. It also presents the vendor landscape and corresponding detailed analysis of the top four vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also summarizes the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

According to the report, the US has a well-developed logistics infrastructure. This includes modern technology-enabled warehouses and transportation carriers, as well as road infrastructure. Strong road infrastructure allows for smooth movement of freight, reducing transportation time. Economic growth in the US will also add to the market's growth.

Further, the report states that fluctuation in the price of fuel affects the operation costs of LTL service providers, and in turn reduces their profit.

Less Than Truckload Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also segments the market based on the types of LTL carriers operating in the US market.

key players in the less than truckload market in the US: Con-way, FedEx, United Parcel Service and YRC Worldwide

Other Prominent Vendors in the market are: A. Duie Pyle, AAA Cooper, ABF Freight System, Averitt Express, Central Transport International, Daylight Transport, Dayton Freight Lines, Estes Express Lines, New England Motor Freight, Oak Harbor Freight Lines, Old Dominion Freight Line, Pitt Ohio Express, R+L Carriers, Roadrunner Transportation, Saia, Southeastern Freight Lines, Ward Transport and Logistics, Wilson Trucking and YRC Regional

Market Driver
- Outsourcing of logistics
- For a full, detailed list, view our report

Market Challenge
- Shortage of skilled truck drivers
- For a full, detailed list, view our report

Market Trend
- Increase in M&A
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages and 32 Exhibits "Less than Truckload Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, US Economic Outlook, LTL Market in US, Market Segmentation by LTL Carriers, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/less-truckload-market-us-2015-2019

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