19 Sample Company LLC Sample Company LLC BUSINESS PLAN Revenue in 2021 in bln USD is equal to the numbers in 2019 which means that the sector has already recovered after the COVID-19 pandemic and is projected to grow annually. LTL services LTL business in North America is often considered to be highly concentrated with the top 10 players controlling most of the market share. Despite that, the number of enterprises, which provide LTL services, was constantly growing from 2018 to 2021 (figure 11). That means the market has a niche for new business and it Is quite attractive for newcomers F i g u r e S E Q F i g u r e \ * A R A B I C 8 T o t a l r e v e n u e o f c o F i g u r e S E Q Figure 9 Leading LTL carriers in North America based on revenue
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