Moving Industry
Insights from D&B Hoovers

Description

Companies in this industry primarily provide local or long-distance truck transportation of used household, institutional, or commercial furniture and equipment, as well as related packing and storage services. Major companies include UniGroup (owner of United and Mayflower), SIRVA (owner of Allied, Global, and North American), and Atlas Van Lines. Leading companies based outside the US include Crown Worldwide (Hong Kong), Grospiron (France), and Pickfords (UK).

Competitive Landscape

Home sales, residential rental turnover, and corporate relocations drive demand for moving and storage services. The profitability of individual companies depends on good marketing, as services are largely the same. Large companies have economies of scale in marketing and in being able to consolidate loads on long hauls. Small companies can compete with large ones by specializing in local markets and by offering competitive prices and better service for local moves. The US industry is fragmented: the 50 largest companies hold about 45% of the market.

Products, Operations & Technology

Household moves account for about 60% of US industry revenue, commercial moves for about 15-20%. Other major services include warehousing and storage, packing, and moving of goods that require special handling.

Geographic Segmentation

See where the Moving Services industry is concentrated geographically and research companies by financials and key corporate data.

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