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Local Specialized Freight Trucking in Newfoundland

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NL48422CA

Local Specialized Freight Trucking in Newfoundland industry analysis

Revenue for the Local Specialized Freight Trucking industry in Newfoundland And Labrador is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely decline at -x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Local Specialized Freight Trucking in Newfoundland Market Research Report

What’s Included in the Local Specialized Freight Trucking in Newfoundland Market Research Report

Definition of the Local Specialized Freight Trucking in Newfoundland?

Canadian local specialized freight trucking companies provide local trucking services using specialized equipment within a metropolitan area. Companies transport bulk liquids, dry bulk materials, forest products, automobiles, boats, livestock and other specialized freight. This does not include used goods transportation.

What’s included in the Local Specialized Freight Trucking in Newfoundland?

The Local Specialized Freight Trucking in Newfoundland includes local agricultural products trucking, local automobile carrier services, local boat, log, sand and coal hauling services, local bulk liquid trucking, local dump trucking and flatbed trucking and local refrigerated products trucking. Related terms covered in the Local Specialized Freight Trucking in Newfoundland industry report includes an additional charge introduced by transport operators to cover the increased cost of fuel. it is charged in addition to the freight rate, a strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only, liquid commodities such as water, oil, chemicals and petroleum products and dry commodities such as grain, coal, iron ore and gravel.

Industry Performance of the Local Specialized Freight Trucking industry in Newfoundland

Benchmark the Local Specialized Freight Trucking in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.

Local Specialized Freight Trucking in Newfoundland

#9 in Highest Revenue 0.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Local Specialized Freight Trucking in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Local Specialized Freight Trucking industry in Newfoundland

See how key industry drivers, such as median houshold income, net migration, private investment in non-residential construction, demand from oil and gas extraction, value of nonresidential construction and value of residential construction are impacting Local Specialized Freight Trucking in Newfoundland

Newfoundland Economic Indicators

Median Houshold Income
Net Migration
Private Investment in Non-Residential Construction

View more economic information in NL State Economic profile

Canada Key External Drivers

Demand from oil and gas extraction
Value of nonresidential construction
Value of residential construction

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Local Specialized Freight Trucking industry in Newfoundland

Access proprietary data on Census Metropolitan Area in the Local Specialized Freight Trucking in Newfoundland, such as St. John's, Corner Brook and Gander. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Local Specialized Freight Trucking industry in Newfoundland

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Local Specialized Freight Trucking industry in Newfoundland in 2025?

The market size of the Local Specialized Freight Trucking industry in Newfoundland is $50.6m in 2025.

How many businesses are there in the Local Specialized Freight Trucking industry in Newfoundland in 2025?

There are 87 businesses in the Local Specialized Freight Trucking industry in Newfoundland, which has been declining at an average annual rate of -2.6% from 2020 to 2025.

Has the Local Specialized Freight Trucking industry in Newfoundland grown or declined over the past 5 years?

The market size of the Local Specialized Freight Trucking industry in Newfoundland has been declining at an average annual rate of -1.3% from 2020 to 2025.

How many employees in the Local Specialized Freight Trucking industry in Newfoundland in 2025?

There are 430 employees in the Local Specialized Freight Trucking industry in Newfoundland, which has been declining at an average annual rate of -0.9% from 2020 to 2025.