Skip to product information
1 of 1

Tank & Refrigeration Trucking

Tank & Refrigeration Trucking

Regular price $1,000.00
Regular price Sale price $1,000.00
Sale Sold out

Executive summary

The Tank and Refrigeration Trucking industry provides long-distance transportation services for specialized freight. For example, climate-controlled trailers, dump trucks and tanker trailers are used to transport food, construction materials and oil, respectively. Industry demand is broadly determined by the US economy, with consumer spending generating demand for the transportation of manufacturing inputs, automobiles and other specialized freight. Booming US oil and gas production, higher energy prices, growing consumer spending, greater manufacturing output levels and higher US construction activity all boosted demand for industry services over the five years to 2022.
View full details

Each report includes:

industry revenue;

industry profit;

industry margin;

industry employment;

industry major players;

industry key external drivers;

industry product & structure segmentation;

industry key trends;

industry Life Cycle;

industry Geographic Breakdown;

industry Key Success Factors;

industry Key statistics for previous years;

forecast of industry Key statistics for the next 5 years;

Collapsible content

Reference Wordlist

High barriers to entry mean that new companies struggle to enter an industry, while low barriers mean it is easy for new companies to enter an industry.

Compares the amount of money spent on capital (plant, machinery and equipment) with that spent on labor.
IBISWorld uses the ratio of depreciation to wages as a proxy for capital intensity. High capital intensity is more than $0.333 of capital to $1 of labor; medium is $0.125 to $0.333 of capital to $1 of labor; low is less than $0.125 of capital for every $1 of labor.

The dollar figures in the Key Statistics table, including forecasts, are adjusted for inflation using the current year (i.e. year published) as the base year. This removes the impact of changes in the purchasing power of the dollar, leaving only the "real" growth or decline in industry metrics. The inflation adjustments in IBISWorld’s reports are made using the US Bureau of Economic Analysis’ implicit GDP price deflator.

Spending on industry goods and services within the United States, regardless of their country of origin. It is derived by adding imports to industry revenue, and then subtracting exports.

Colloquial Terminology

A strategy to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.

A duty-free agreement signed by the governments of Canada, Mexico and the United States, creating a trilateral trade bloc across North America.

Industry term used to describe any climate-controlled shipping container.

Any shipment that weighs more than 10,000 pounds.


Crude oil prices crashed to all-time lows in 2020 as the COVID-19 (coronavirus) pandemic swept across the globe. The pandemic drastically reduced manufacturing, industrial production and retail activities. Private investment and consumer spending fell. Consequently, industry revenue dropped 6.6% in 2020. Nevertheless, revenue is estimated to expand at an annualized rate of 2.8% to $55.3 billion over the five years to 2022, largely due to strong revenue performances in 2021 and 2022. In 2021, the industry benefited from a surge in demand from manufacturing, retail products, construction and transportation as the US economy recovered very quickly from a pandemic-induced recession. High demand for these products continued into 2022. Most significantly, the world price of crude oil spiked dramatically in the past two years. It rose 67.3% in 2021 and is expected to increase 54.7% in 2022. Industry operators were able to pass these exorbitant prices on to consumers, which contributed to large increases in revenue and profit in 2021 and 2022. Consequently, industry revenue is expected to increase 9.1% in 2022.

We offer a wide range of reports at an affordable price and make it easy for customers to choose between packages that are tailored to their needs.

Get a comprehensive insight of the US market with these reports.

  • In-depth information on different industries and sectors, such as retail, education, and healthcare.

  • Explore opportunities to enter the US markets with these in-depth reports. Learn more about the market potential before you invest

  • Gives you insights of all aspects of the United States market, from retail to education to healthcare.

Online marketplace for business intelligence and market research reports. We offer a wide range of reports on various industries and countries to satisfy all your business needs.