III. Industry Analysis
The Box Truck industry’s performance is tied to ecommerce, corporate profit and the number of businesses, so increases in online shopping and trade volumes have created high demand for industry services over the past five years. Further, advancements in tracking technology has helped with efficiency and route optimization. High demand for last-mile delivery services also presents another opportunity for operators.
Over the next five years, growth in consumer confidence and greater access to credit is expected to ensure higher demand for the Box Trucking industry, as logistics companies seek to avoid delays amid booming demand.