Research and Markets: Updated 2011 Report on the $12 Billion US Moving Services Industry

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d5ea76/moving_services) has announced the addition of the "Moving Services" report to their offering.

The US moving and household storage industry consists of about 8,000 companies with almost $12 billion in combined annual revenue. Large companies include UniGroup (owner of United and Mayflower); SIRVA (owner of Allied, Global, and North American); Atlas; and Bekins. The industry is fragmented: the 50 largest companies hold about 45 percent of the market.

Self-storage services, which involve leasing of storage units but not moving services, and warehousing and storage, which typically involves logistics services as well as storage, are covered in separate industry profiles.

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 industry is labor-intensive: average annual revenue per employee is about $145,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

Companies in this industry move household and office goods, as well as specialty items such as pianos and trade show exhibits, either locally or interstate. Moving companies also provide long- and short-term storage for the items that they move, referred to as storage-in-transit (SIT).

Key Topics Covered:

Industry Overview

Quarterly Industry Update

Business Challenges

Business Trends

Industry Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Web Links and Acronyms

For more information visit http://www.researchandmarkets.com/research/d5ea76/moving_services

Source: First Research