21 Sample Company LLC Sample Company LLC BUSINESS PLAN In 2021, it reached over 86 billion US dollars. Over the recent years, this market has experienced a continuous increase due to improving economic needs for inland freight transportation in the US. The only exception was 2020 when the pandemic began. Still, as was mentioned before, in 2021 the market size increased from bln USD to 86 bln USD and overpassed the 85 bln USD point that was reached in 2019, which means that financially the industry has recovered after the COVID-19. The statistics in figure 14 depict the primary types of services offered by trucking companies in North America in 2020. During the survey, 62% of respondents mentioned LTL services making them the fifth most popular category. As was mentioned before, the company specializes in less than truckload transportation, we can observe the Texas state statistics concerning this type of service (figure 14) F i g u r e S E Q F i g u r e \ * A R A B I C 1 3 S i z e o f t h e L T L m a r k Figure 12 Primary types of services offered by trucking companies in North America
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