B2B drives market demand, with B2B spending representing 69.1% of total demand in 2020. TransForce Inc is the largest company in Canada, generating 5.0% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 10.9% of total turnover in 2020. The total number of companies decreases in 2020, to 222,499 units. The costs of the industry decrease by 8.3% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.9% of turnover in 2020, the ninth highest across the top 20 developed countries. With turnover of USD52.4 billion, Canada accounts for 10.5% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Road Passenger and Freight Transport in Canada: ISIC 602. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Road Passenger and Freight Transport in Canada: ISIC 602 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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