June 19, 2015 | BY Dan Boaz

New Sageworks Study Shows Specialty Trucking Business is Booming

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We're in the middle of another busy month at expeditedfreight.com as we continue to see the demand for expedited trucking services remain very solid so far during 2015. Our nationwide network of vehicles and round the clock coverage matched withour premium levels of support has seen us make consistent strides in handling urgent freight no matter the destination.

With that said, a new report from Sageworks confirms what we already expected; general freight trucking is seeing the largest growth nationally amongst all of the small business sectors that their report measures. The Sageworks report looked at sales data from businesses with annual revenues of less than $5 million and found that freight trucking companies are growing at an outstanding rate of 24.8 percent for their just concluded 12 month measurement period.

The study also indicated that specialty trucking companies have recorded growth of 16.3 percent over the same period. Both sets of numbers are very impressive against the backdrop of a stable but slow set of economic indicators but suggests that small businesses, especially in the freight field, are finding ways to succeed and grow. Sageworks analyst Chuck Nwokocha expands on this;

“A lot of growth in trucking initially after the recession was related to oil and oil production, but even as some of the production has tapered down and oil prices have dropped, growth among small businesses in the industry still remains high,”

Many of the sectors showing the healthiest growth are related to the construction industry which has a natural relationship with trucking along with good results for equipment and supply companues along with machinery/light industrial firms also.

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About Sageworks: Sageworks possesses a broad, expandable technology that allows for the rapid analysis, interpretation, and aggregation of financial data. We use artificial intelligence (AI) to generate nearly all of our reports and analytics.

Industries We Serve

Modern day hot shot trucking provides the speed and exclusivity you need to meet the most demanding and time-sensitive shipping requirements. We use every resource, avenue, and channel available to ship your freight by ground or air. Designed specifically to address supply and distribution problems that arise without warning, hotshot trucking tactics involve coordinating a network of carriers in a variety of locations. By calling on the vehicles closest to your supply or distribution points, hotshot brokers can fill any sudden gaps in your supply network almost as soon as they happen. This minimizes the disruption to your business and allows you to quickly return to ordinary operations, weathering the storm without skipping a beat.

Automotive

The automotive supply chain already has significant challenges. Don’t let malfunctioning equipment stop the production line. Step on the gas with HotShotTrucking.com’s suite of services that will get you back in the fast lane. With HotShotTrucking.com, companies are devising shipping strategies to swiftly deliver critical parts and equipment — whether it's ground expedite service with sprinter vans, box trucks and 53-foot tractor trailers or air freight and air cargo.

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Aviation & Aerospace

Every moment a commercial airliner sits on the ground, it costs an airline money. Expedited freight services by HotShotTrucking.com can get you back in the air with prompt delivery of parts and equipment throughout North America. We are equipped with the expertise to navigate the complexities of shipping jet engines and other types of loads, and our network of hot shot drivers has extensive experience transporting aviation assets.

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Construction

One shipping delay can snowball and cause delays throughout your entire project. You need an experienced 3PL provider who understands the construction industry and has the logistical reach to deliver your freight on time, anywhere. That 3PL partner is HotShotTrucking.com. Whether in the air or on the ground via truck and trailer, we can connect companies to expedited freight services for the prompt delivery of parts and equipment throughout North America.

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Mining & Metals

From cranes to chemicals to excavators to conveyor belts, HotShotTrucking.com has the experience and industry know-how required for shipping sensitive, oversized, and hazardous equipment. Third-party hot shot trucking and logistics providers such as HotShotTrucking.com specialize in devising and implementing innovative shipping solutions, ensuring mines can swiftly return to operation. We’ll pick up your shipment, deliver it to the airport and receive it at the other end – providing hand-carried service as necessary or required.

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Manufacturing

Every moment a manufacturing facility or factory sits idle costs a company money because of the high costs involved. With many manufacturers building to only just-in-time production rates, any disruption threatens parts and vehicle inventories. This is where the speed and expertise of freight services from HotShotTrucking.com can make a difference throughout the entire manufacturing supply chain. We do all the logistical legwork to find the optimal solution for your job, whether it's an exclusive air charter or expedited ground shipping.

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Telecommunications

From servers to cell towers, information, voice, and data must flow to keep businesses, production, and the public online and connected. When equipment goes dark, depend on HotShotTrucking.com to get your systems flashing green again. This is where the speed and experience of trucking and freight services from HotShotTrucking.com can help. Our hot shot truck network excels at the prompt delivery of parts and equipment throughout North America.

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Oil & Gas

The oil and gas industry faces challenging conditions in offshore and onshore oil rigs, often in remote locations with limited infrastructure. Don’t let oil pumps or pipelines sit idle waiting for equipment. By having the right plans, parts, people, and logistics partner like HotShotTrucking.com, you can effectively mitigate plant or pump downtime, unscheduled disruptions, and equipment failures.

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