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Vehicle shipping services experienced a turbulent contraction over the past five years as high interest rates and inflation dampened new vehicle sales and reduced demand for transportation services. Elevated borrowing costs made auto purchases prohibitively expensive for many consumers. This reduced the need for vehicles to be shipped from manufacturers and dealers. A prolonged freight recession, beginning in 2022, compounded these headwinds. By early 2025, long-haul truckload demand had collapsed because of overcapacity persisting, while spot rates fell to multi-year lows. However, higher levels of online car shopping and direct-to-consumer delivery models provided a counterbalance as dealerships expanded home delivery services. Digital platforms have enabled consumers to purchase vehicles from distant locations, requiring professional shipping services. The profit margin dropped from 8.5% of revenue in 2020 to 8.0% in 2025 because carriers absorbed rising insurance premiums driven by surging cargo theft and higher equipment leasing costs. Still, lower wages offset further declines in profit. Overall, vehicle shipping service revenue declined at a CAGR of 1.3% through the end of 2025, including a 3.7% drop to reach $10.5 billion.
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IBISWorld's research coverage on the Vehicle Shipping Services industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released December 2025.
The Vehicle Shipping Services industry in the United States operates under the NAICS industry code OD5008. Vehicle shipping companies transport finished vehicles, such as cars, trucks, vans, buses, tractors and motorcycles, regionally and nationally. These companies offer various services to cater to the needs of individuals, dealerships and businesses that require moving cars, trucks, motorcycles and other types of vehicles. Related terms covered in the Vehicle Shipping Services industry in the United States include auto-transport trailers, roll-on/roll-off ships, intermodal, fuel surcharges, delivered in-full on-time and jones act.
Products and services covered in Vehicle Shipping Services industry in the United States include Local trucking transportation services, Long-distance trucking transportation services and Rail transportation services.
Companies covered in the Vehicle Shipping Services industry in the United States include Burlington Northern Santa Fe, Llc, Union Pacific Corp and Csx Corporation.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Vehicle Shipping Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Vehicle Shipping Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Vehicle Shipping Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Vehicle Shipping Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Vehicle Shipping Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Vehicle Shipping Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Vehicle Shipping Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Vehicle Shipping Services industry in the United States.
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The market size of the Vehicle Shipping Services industry in the United States is $10.5bn in 2026.
There are 7,073 businesses in the Vehicle Shipping Services industry in the United States, which has grown at a CAGR of 7.0 % between 2020 and 2025.
The Vehicle Shipping Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Vehicle Shipping Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Vehicle Shipping Services industry in the United States has been declining at a CAGR of 1.3 % between 2020 and 2025.
Over the next five years, the Vehicle Shipping Services industry in the United States is expected to grow.
The biggest companies operating in the Vehicle Shipping Services industry in the United States are Burlington Northern Santa Fe, Llc, Union Pacific Corp and Csx Corporation
Vehicle shipping services by local trucks and Vehicle shipping services by long-distance freight trucks are part of the Vehicle Shipping Services industry in the United States.
The company holding the most market share in the Vehicle Shipping Services industry in the United States is Burlington Northern Santa Fe, Llc.
The level of competition is high and steady in the Vehicle Shipping Services industry in the United States.