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2024 U.S. Industry Statistics & Market Forecast - Scheduled Freight Air Transportation
Market Size & Industry Statistics
The total U.S. industry market size for Scheduled Freight Air Transportation:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Scheduled Freight Air Transportation industry include:- Rising fuel costs
- Increased demand for e-commerce delivery solutions
- Advancements in drone and autonomous aircraft technologies
- Stricter environmental regulations and carbon emissions policies
- Expansion of international trade agreements
- Shift towards digital technology and automation in supply chain management
- Growing importance of cold chain logistics for pharmaceuticals
- Heightened security measures and regulatory compliance
- Fluctuating economic conditions impacting trade volumes
- Rise in nearshoring and reshoring activities
Product & Services Breakdown
Research products and services in the Scheduled Freight Air Transportation industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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International, Scheduled Passenger Transportation By Air |
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International, Scheduled Passenger Transportation By Air, Coach Class |
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Rental Of Aircraft With Crew For Air Carrier Use (Wet Leasing) |
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Transportation Of Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air |
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International, Scheduled Transportation Of Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air |
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Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air |
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International, Non-Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By A |
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International, Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air |
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Domestic, Scheduled Transportation Of Non-Perishable/Climate-Controlled Boxed, Palletized, And Other Packed Goods, By Air |
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Domestic, Scheduled Transportation Of Bundled Postal Mail By Air |
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Transportation Of Other Goods By Air |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Scheduled Freight Air Transportation company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Scheduled Freight Air Transportation industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Scheduled Freight Air Transportation measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 2% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 26% | |||
| Information and Record Clerks | 20% | |||
| Reservation and Transportation Ticket Agents and Travel Clerks | 17% | |||
| Reservation and Transportation Ticket Agents and Travel Clerks | 17% | |||
| Installation, Maintenance, and Repair Occupations | 7% | |||
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 6% | |||
| Aircraft Mechanics and Service Technicians | 6% | |||
| Aircraft Mechanics and Service Technicians | 6% | |||
| Transportation and Material Moving Occupations | 62% | |||
| Air Transportation Workers | 43% | |||
| Aircraft Pilots and Flight Engineers | 18% | |||
| Airline Pilots, Copilots, and Flight Engineers | 17% | |||
| Flight Attendants | 24% | |||
| Flight Attendants | 24% | |||
| Material Moving Workers | 17% | |||
| Laborers and Material Movers | 13% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 11% | |||
Scheduled Freight Air Transportation Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Scheduled Freight Air Transportation industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Scheduled Freight Air Transportation industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Scheduled Freight Air Transportation industry. |
Source:
Innovation News
- May 31, 2020: Alisam Group trademarks "ALISAM TRANSPORTATION MANAGEMENT" - Arranging for pickup, delivery, storage and transportation of documents, packages, freight and parcels via ground and air carriers; Business administration in the field of transport and delivery; Business management in the field of transport and delivery; Providing transportation documentation for others; Transportation logistics services
- May 31, 2020: Alisam Group trademarks "ALISAM FREIGHT MANAGEMENT" - Arranging for pickup, delivery, storage and transportation of documents, packages, freight and parcels via ground and air carriers; Business administration in the field of transport and delivery; Business management consultancy in the field of transport and delivery; Business management in the field of transport and delivery; Transportation logistics services
- May 31, 2020: Alisam Group trademarks "ALISAM FREIGHT MANAGEMENT" - Arranging for pickup, delivery, storage and transportation of documents, packages, freight and parcels via ground and air carriers; Business administration in the field of transport and delivery; Business management consultancy in the field of transport and delivery; Business management in the field of transport and delivery; Transportation logistics services
Recent Federal Contracts for Scheduled Freight Air Transportation
- Mar 26, 2024: UNITED PARCEL SERVICE CO. (Louisville, KY) awarded $13,624
- Feb 29, 2024: DR. MOVERS D.O.O. (Beograd (zemun), ) awarded $15,842
- Feb 15, 2024: APL CEVA GOVERNMENT LOGISTICS (Arlington, VA) awarded $13,756
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