Home » Automotive & Transportation » Freight Trucking Market

Freight Trucking Market

Freight Trucking Market By Truck Type (Dry Van & Box Truck, Refrigerated Truck, Tanker Truck, Flatbed Truck, Others); By Cargo Type (Dry Bulk Goods, Liquids, Temperature-Controlled Goods, Others); By End User (Retail & E-Commerce, Manufacturing & Industrial, Healthcare, Automotive, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $4699

Published: | Report ID: 93597 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Freight Trucking Market Size 2024 USD 3,364.39 million
Freight Trucking Market, CAGR 4.33%
Freight Trucking Market Size 2032 USD 4,839.55 million

Market Overview:

The Global Freight Trucking Market size was valued at USD 2,524.06 million in 2018 to USD 3,364.39 million in 2024 and is anticipated to reach USD 4,839.55 million by 2032, at a CAGR of 4.33% during the forecast period.

Key drivers are accelerating the expansion of the global freight trucking market. The surge in e-commerce is one of the most prominent forces, reshaping consumer expectations around faster and more reliable delivery services. This shift has amplified the need for agile, last-mile delivery networks, which depend heavily on freight trucking. Simultaneously, advancements in digital technologies, such as IoT-enabled fleet management, GPS-based real-time tracking, and predictive analytics, are transforming logistics operations, enabling better route planning and reduced fuel consumption. Furthermore, growing investments in smart infrastructure and dedicated freight corridors are enhancing the speed and safety of cargo movement. Environmental regulations are also pushing companies to adopt greener alternatives, such as electric and hybrid trucks, reinforcing the industry’s move toward sustainable logistics.

Regional trends indicate varied growth trajectories in the freight trucking market. North America remains one of the most developed markets, supported by an extensive road network, robust technological adoption, and a high penetration of logistics service providers. The U.S. leads regional growth due to strong consumer demand, a mature e-commerce sector, and continuous investments in autonomous and electric vehicle deployment within trucking fleets. In contrast, Asia-Pacific is experiencing the fastest growth, fueled by rapid industrialization, urban expansion, and the growing importance of domestic and cross-border logistics in countries such as China, India, and Southeast Asian nations. Government-led infrastructure projects, such as smart highways and national logistics corridors, are further strengthening regional capabilities. Meanwhile, Europe continues to focus on regulatory reforms and sustainability goals. The adoption of Euro VI emission standards, promotion of electric freight vehicles, and harmonized cross-border transport rules are shaping market evolution. In the Middle East and Africa, freight trucking is gradually gaining traction, particularly in regions undergoing economic diversification.

Freight Trucking Market Size

Market Insights:

  • The Global Freight Trucking Market grew from USD 2,524.06 million in 2018 to USD 3,364.39 million in 2024 and is projected to reach USD 4,839.55 million by 2032, registering a CAGR of 4.33%.
  • Rapid e-commerce growth is increasing demand for agile freight solutions, intensifying the need for reliable last-mile delivery services across urban and regional routes.
  • Adoption of IoT, telematics, and AI is streamlining operations, improving real-time cargo visibility, route optimization, and predictive maintenance across fleets.
  • Infrastructure upgrades, including smart highways, freight corridors, and logistics hubs, are boosting cargo speed and safety while reducing transit inefficiencies.
  • Environmental mandates are pushing fleet electrification and the use of low-emission trucks, reinforcing the market’s shift toward sustainable logistics.
  • Driver shortages, high turnover, and limited new entrants are straining service capacity and raising labor costs, especially in mature markets.
  • Asia Pacific leads market growth, followed by North America and Europe, while Latin America, the Middle East, and Africa show potential through infrastructure development and trade expansion.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Drivers:

E-commerce Growth is Transforming Freight Logistics Demand

The rapid expansion of e-commerce is significantly influencing the Global Freight Trucking Market. Online retail has shifted consumer expectations toward faster delivery, which places pressure on logistics networks to become more agile and efficient. Freight trucking remains a key enabler of last-mile delivery, allowing retailers to meet tight delivery windows. Large volumes of small, time-sensitive shipments now move across regional and urban routes, intensifying demand for local and short-haul freight services. Retailers and logistics providers are investing in fleet expansion and real-time delivery tracking to ensure service reliability. The market continues to evolve in response to growing consumer orders, returns management needs, and inventory decentralization strategies.

  • For instance, according to the U.S. Department of Commerce, e-commerce sales in the U.S. reached $1.09 trillion in 2022, up from $870 billion in 2021, fueling a surge in demand for freight transportation, especially trucking.

Technology Adoption Enhances Operational Efficiency

Emerging technologies are reshaping operational frameworks in the Global Freight Trucking Market. The integration of telematics, Internet of Things (IoT), and artificial intelligence is helping companies optimize routes, reduce fuel consumption, and improve fleet utilization. It supports predictive maintenance and enables real-time monitoring of cargo, improving security and reducing delays. Automation in scheduling and dispatch has also enhanced workforce productivity while minimizing errors. The market benefits from digital freight platforms that connect shippers with carriers, streamlining freight matching and load optimization. It gains efficiency, scalability, and resilience through data-driven decisions and smarter logistics workflows.

  • For example, IoT-enabled trucks can transmit real-time data on location, temperature, and route deviations, allowing logistics providers to respond quickly to delays or incidents.

Infrastructure Development Supports Capacity Expansion

Governments and private stakeholders are actively investing in transportation infrastructure, which supports growth in the Global Freight Trucking Market. Projects such as dedicated freight corridors, logistics parks, and smart highways are enhancing the speed and safety of cargo transport. Upgraded road networks reduce transit times and operational costs, especially in developing economies where freight movement was previously constrained. Intermodal connectivity improvements between roads, ports, and railways strengthen supply chain integration and reduce congestion. It allows seamless cargo transfers and enhances regional trade potential. These developments align with national logistics strategies that prioritize efficiency and cost competitiveness.

Sustainability Regulations Drive Fleet Modernization

The drive toward greener transportation is reshaping fleet strategies within the Global Freight Trucking Market. Regulatory bodies in major economies are enforcing strict emissions standards and encouraging low-emission vehicle adoption. Trucking companies are responding by investing in electric, hybrid, and alternative fuel-powered vehicles to reduce their carbon footprint. It is also adopting lightweight materials and aerodynamic designs to boost fuel efficiency. Many operators are incorporating carbon tracking tools and eco-driving training to meet sustainability benchmarks. These measures not only ensure compliance but also enhance brand reputation and reduce long-term operating costs.

Market Trends:

Digital Freight Platforms Are Streamlining Load Matching and Dispatch

The adoption of digital freight platforms is reshaping operational dynamics in the Global Freight Trucking Market. These platforms enable real-time load matching between shippers and carriers, reducing idle time and improving vehicle utilization. It facilitates transparent pricing, route optimization, and capacity forecasting, helping companies respond swiftly to fluctuations in demand. Startups and established logistics providers are launching integrated platforms that include GPS tracking, automated invoicing, and instant booking features. The shift toward digitized brokerage services is reducing dependence on traditional intermediaries. These innovations are enhancing competitiveness and service efficiency across regional and long-haul freight segments.

Autonomous and Electric Trucks Are Gaining Market Traction

Vehicle automation and electrification are emerging as transformative trends in the Global Freight Trucking Market. Autonomous trucks are undergoing pilot testing across controlled routes, promising improved safety, lower labor costs, and 24/7 operation potential. It is seeing growing investment from OEMs and logistics firms aiming to deploy autonomous systems in phases. At the same time, electric trucks are entering commercial fleets in response to emissions regulations and fuel cost volatility. Manufacturers are developing models with longer ranges and faster charging times to meet freight transport requirements. These advancements support long-term sustainability goals and signal a shift in fleet modernization priorities.

Real-Time Visibility and Predictive Analytics Are Enhancing Supply Chain Resilience

Shippers and carriers are increasingly adopting real-time visibility solutions to improve shipment tracking and logistics planning. In the Global Freight Trucking Market, predictive analytics tools are helping businesses anticipate delays, optimize delivery schedules, and manage disruptions. It enables proactive decision-making by leveraging traffic data, weather forecasts, and historical performance metrics. Supply chain stakeholders benefit from enhanced transparency, allowing better communication and risk management across logistics partners. Visibility tools also help enforce compliance, monitor driver behavior, and reduce operational inefficiencies. This trend is strengthening customer satisfaction and service reliability in highly competitive delivery networks.

  • For example, FourKites’ platform enables teams to predict and prevent disruptions, while Descartes’ MacroPoint allows customers to opt for real-time visibility on every shipment, enhancing both carrier and customer satisfaction.

Sustainability and Green Logistics Are Influencing Purchasing Decisions

Environmental awareness is shaping operational strategies in the Global Freight Trucking Market. Shippers are favoring partners that demonstrate measurable commitments to sustainability through cleaner fleets and carbon reporting tools. It is encouraging adoption of renewable fuels, route efficiency planning, and energy-efficient equipment. Industry certifications and environmental compliance are becoming key differentiators in contract bidding. Fleet operators are also partnering with government bodies to access incentives for clean technology upgrades. This trend reflects a growing alignment between commercial objectives and environmental stewardship in freight logistics.

  • For instance, XPO Logistics has launched its Low Emissions Sustainable Solution (LESS), which enables the use of hydro-treated vegetable oil (HVO) to reduce CO2 emissions by up to 90% compared to diesel, and is offering carbon-neutral shipping options for customers through carbon offset programs.

Market Challenges Analysis:

Driver Shortages and Labor Constraints Are Hindering Operational Scalability

The persistent shortage of qualified drivers remains a critical obstacle in the Global Freight Trucking Market. Many regions are facing an aging workforce, low driver retention rates, and limited interest among younger populations to enter the profession. These factors are straining capacity, causing delivery delays, and increasing labor costs for fleet operators. It is becoming more difficult for companies to meet rising freight demand while maintaining service quality. Training and licensing requirements further limit the speed of onboarding new drivers. Without strategic workforce development and automation support, operational scalability will continue to face constraints.

Fuel Price Volatility and Infrastructure Gaps Are Elevating Operating Risks

Fluctuations in global fuel prices are creating uncertainty and affecting profit margins in the Global Freight Trucking Market. Fuel remains one of the largest cost components for fleet operators, making them vulnerable to sudden price hikes. It forces companies to adopt temporary surcharges or reduce margins to stay competitive. In parallel, poor road infrastructure and congestion in certain regions increase vehicle wear and extend delivery timelines. Limited availability of electric vehicle charging stations and maintenance facilities restricts the transition to cleaner fleets. These challenges complicate long-term planning and hinder efficient freight movement across diverse geographies.

  • For example, in the United States, diesel prices averaged $3.31 per gallon in December 2021, a significant increase from previous years, directly impacting operational expenses.

Freight Trucking Market Segmentation

Market Opportunities:

The rising volume of international trade presents significant growth potential for the Global Freight Trucking Market. Cross-border agreements and regional trade blocs are streamlining customs processes and encouraging investment in freight corridors. It enables logistics providers to tap into new delivery routes across Asia, Africa, and Latin America. The demand for road-based freight solutions is rising in regions where rail and air connectivity remain limited or cost-prohibitive. Growing industrial zones and special economic areas are also increasing the need for reliable overland transport. Companies that invest in cross-border logistics capabilities stand to capture a larger share of expanding trade flows.

The implementation of AI-driven systems and automation tools offers substantial efficiency gains in the Global Freight Trucking Market. Fleet operators are adopting predictive maintenance, automated dispatch, and intelligent route planning to reduce downtime and operational waste. It enhances resource utilization and supports scalable service models. The availability of cloud-based logistics platforms also enables real-time collaboration across supply chain partners. Businesses that leverage automation and data analytics can reduce costs, improve service speed, and strengthen customer satisfaction. These technologies position forward-looking players to lead in a competitive and digitally evolving logistics environment.

Market Segmentation Analysis:

By truck type, the Global Freight Trucking Market is dominated by dry van and box trucks, which offer versatility and are widely used for transporting non-perishable consumer goods. Refrigerated trucks hold a significant share, driven by growing demand for cold chain logistics in pharmaceuticals and food sectors. Tanker trucks support the transport of liquid commodities such as fuel, chemicals, and dairy products, while flatbed trucks cater to oversized or heavy cargo in the construction and manufacturing industries. The “others” category includes specialized trucks designed for niche applications, supporting market diversification.

By cargo type, dry bulk goods account for the largest share due to their high volume in commodities like grains, cement, and raw materials. Liquids remain essential for fuel and chemical industries, requiring safe and regulated transportation. Temperature-controlled goods are rising steadily in demand, particularly across healthcare and perishable food supply chains. The “others” segment includes containerized freight and mixed loads that do not fall under standard classifications.

By end user, the Global Freight Trucking Market sees strong demand from the retail and e-commerce sector, which requires high-frequency, short-distance deliveries. Manufacturing and industrial users rely on freight trucking for raw material supply and product distribution. Healthcare is expanding its share due to increasing transport needs for medical supplies and equipment. The automotive sector depends on trucking for just-in-time inventory movement. The “others” segment includes agriculture, mining, and government-related freight activity.

Segmentation:

By Truck Type 

  • Dry Van & Box Truck
  • Refrigerated Truck
  • Tanker Truck
  • Flatbed Truck
  • Others

By Cargo Type 

  • Dry Bulk Goods
  • Liquids
  • Temperature-Controlled Goods
  • Others

By End User 

  • Retail & E-Commerce
  • Manufacturing & Industrial
  • Healthcare
  • Automotive
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Russia
    • Belgium
    • Netherlands
    • Austria
    • Sweden
    • Poland
    • Denmark
    • Switzerland
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Thailand
    • Indonesia
    • Vietnam
    • Malaysia
    • Philippines
    • Taiwan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Peru
    • Chile
    • Colombia
    • Rest of Latin America
  • Middle East
    • UAE
    • KSA
    • Israel
    • Turkey
    • Iran
    • Rest of Middle East
  • Africa
    • Egypt
    • Nigeria
    • Algeria
    • Morocco
    • Rest of Africa

Regional Analysis:

North America
The North America Freight Trucking Market size was valued at USD 788.10 million in 2018 to USD 1,035.22 million in 2024 and is anticipated to reach USD 1,494.93 million by 2032, at a CAGR of 4.40% during the forecast period. North America holds a significant share of the Global Freight Trucking Market due to its advanced logistics infrastructure and well-connected highway networks. The United States leads regional performance, supported by strong e-commerce activity, technological integration, and a mature third-party logistics ecosystem. Investments in electric and autonomous trucks are accelerating, enhancing delivery efficiency and reducing emissions. Fleet operators in the region are also adopting digital freight matching platforms to improve capacity utilization. High demand from retail, manufacturing, and automotive sectors continues to support consistent freight volumes.

Europe
The Europe Freight Trucking Market size was valued at USD 554.18 million in 2018 to USD 704.28 million in 2024 and is anticipated to reach USD 935.64 million by 2032, at a CAGR of 3.30% during the forecast period. Europe accounts for a substantial portion of the Global Freight Trucking Market, driven by cross-border trade, regional connectivity, and compliance with stringent environmental standards. The European Union’s focus on reducing carbon emissions is prompting adoption of electric and low-emission vehicles. It is also seeing steady investment in digital logistics solutions, helping operators optimize routes and improve fleet efficiency. Countries such as Germany, France, and the UK are leading regional market activity. Supply chain diversification and intra-European trade continue to drive freight demand.

Asia Pacific
The Asia Pacific Freight Trucking Market size was valued at USD 993.09 million in 2018 to USD 1,378.01 million in 2024 and is anticipated to reach USD 2,115.97 million by 2032, at a CAGR of 5.20% during the forecast period. Asia Pacific commands the largest share of the Global Freight Trucking Market, propelled by rapid industrialization, population growth, and expanding domestic trade. China and India dominate regional freight activity, supported by extensive manufacturing bases and government investment in road infrastructure. The region is witnessing rapid fleet expansion to accommodate rising demand from retail, construction, and agriculture sectors. E-commerce growth is reshaping last-mile delivery needs, pushing logistics providers to invest in digital solutions. Urbanization and regional connectivity projects continue to fuel sustained market growth.

Latin America
The Latin America Freight Trucking Market size was valued at USD 94.53 million in 2018 to USD 124.02 million in 2024 and is anticipated to reach USD 152.46 million by 2032, at a CAGR of 2.30% during the forecast period. Latin America represents a smaller share of the Global Freight Trucking Market but offers long-term potential. Brazil and Mexico are key markets, supported by growing manufacturing sectors and rising consumer demand. Infrastructure challenges remain, but public and private investments aim to improve logistics efficiency. It is experiencing gradual modernization through digital adoption and fleet upgrades. Trade agreements and regional integration initiatives are strengthening cross-border freight activities. The market is moving toward more structured logistics operations with increased transparency and automation.

Middle East
The Middle East Freight Trucking Market size was valued at USD 62.01 million in 2018 to USD 74.56 million in 2024 and is anticipated to reach USD 87.89 million by 2032, at a CAGR of 1.70% during the forecast period. The Middle East contributes modestly to the Global Freight Trucking Market, with growth centered around the Gulf Cooperation Council (GCC) countries. The region is investing in smart logistics hubs, road upgrades, and digital freight corridors. Logistics demand is rising in retail, energy, and construction sectors. It faces challenges related to cross-border documentation and fragmented logistics networks. Governments are working to improve freight efficiency through economic diversification strategies. Technology adoption is gaining traction, improving visibility and delivery performance.

Africa
The Africa Freight Trucking Market size was valued at USD 32.15 million in 2018 to USD 48.31 million in 2024 and is anticipated to reach USD 52.65 million by 2032, at a CAGR of 0.70% during the forecast period. Africa holds the smallest share in the Global Freight Trucking Market but presents untapped growth opportunities. Poor road infrastructure, border delays, and limited fleet capacity constrain regional development. However, rising urbanization and regional trade pacts such as AfCFTA are fostering logistics demand. It is seeing increased investment in road development and transport corridor initiatives. Local and international logistics providers are expanding operations to support retail and mining industries. Market growth depends on infrastructure modernization and regulatory harmonization.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key Player Analysis:

  • B. Hunt Transport Services, Inc.
  • Schneider National, Inc.
  • Knight-Swift Transportation Holdings Inc.
  • Werner Enterprises, Inc.
  • Estes Express Lines
  • H. Robinson Worldwide, Inc.
  • XPO Logistics
  • UPS Freight
  • FedEx Freight
  • Old Dominion Freight Line, Inc.

Competitive Analysis:

The Global Freight Trucking Market features intense competition, with major players focusing on network expansion, fleet modernization, and digital transformation. Companies such as J.B. Hunt Transport Services, Schneider National, Knight-Swift, and XPO Logistics lead the market with integrated logistics solutions and advanced route optimization technologies. It is witnessing strategic mergers, acquisitions, and partnerships aimed at improving last-mile efficiency and cross-border capabilities. FedEx Freight and UPS Freight continue to leverage their expansive delivery infrastructure and diversified service portfolios. Players are investing in electric trucks, telematics, and real-time tracking systems to meet regulatory standards and customer expectations. Regional carriers are expanding service coverage to compete with global operators, particularly in high-growth markets like Asia Pacific and Latin America. Operational efficiency, technology adoption, and service reliability remain the key differentiators. Competitive intensity is expected to rise as new entrants and tech-driven logistics startups reshape traditional business models.

Recent Developments:

  • In April 2025, Knight-Swift Transportation Holdings Inc. announced a partnership with Netradyne, implementing advanced AI-powered fleet safety dash cameras (Driver- i D-450 and D-215) across its 15,500 trucks. This collaboration enhances driver safety and operational efficiency through real-time feedback and AI-driven insights.
  • Werner Enterprises entered into a new partnership in February 2025, serving as the anchor partner for Blaine Perkins and Jordan Anderson Racing in the NASCAR Xfinity Series. This marketing and brand partnership aligns Werner’s logistics expertise with high-visibility motorsports, beginning with the United Rentals 300 at Daytona.
  • In February 2025, C.H. Robinson completed the sale of its European Surface Transportation business to sennder Technologies GmbH, focusing its resources on core global forwarding and managed solutions.
  • In October 2024, J.B. Hunt Transport Services, Inc. partnered with UP.Labs to establish the Logistics Venture Lab (LVL), a logistics and freight-focused venture lab. This initiative will launch up to six startups over the next three years, targeting strategic challenges in brokerage, dedicated, intermodal, and truckload services. The first startups are expected to launch in 2025, aiming to drive efficiency and innovation across the logistics sector.

Market Concentration & Characteristics:

The Global Freight Trucking Market remains moderately fragmented, with a mix of large multinational logistics providers and numerous regional and local carriers. It is characterized by high operational intensity, diverse cargo requirements, and varying levels of service specialization. While leading companies like J.B. Hunt, XPO Logistics, and FedEx Freight hold significant market share, a large portion of freight movement is handled by small to mid-sized operators. The market exhibits low entry barriers in certain segments but demands high capital investment for scalability and compliance. Demand patterns fluctuate across regions, driven by trade activity, infrastructure quality, and sector-specific logistics needs. Price competition, service reliability, and technology adoption define market performance across competitive tiers.

Report Coverage:

The research report offers an in-depth analysis based on Truck Type, Cargo Type and End User. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

  • Increasing adoption of electric and hybrid trucks will support sustainability goals and reduce long-term operating costs.
  • AI-driven route optimization and predictive maintenance tools will enhance fleet efficiency and reliability.
  • Growth in cross-border e-commerce will expand demand for time-sensitive and flexible freight solutions.
  • Development of smart logistics hubs and freight corridors will improve transit speed and cargo handling.
  • Autonomous vehicle trials will progress toward limited commercial deployment in structured freight routes.
  • Rising fuel price volatility will accelerate investments in alternative fuel technologies and energy-efficient vehicles.
  • Cloud-based freight platforms will streamline shipment tracking, load matching, and invoicing operations.
  • Government regulations will continue to influence fleet modernization and emissions compliance strategies.
  • Emerging markets in Asia Pacific, Latin America, and Africa will offer untapped growth potential for logistics expansion.
  • Strategic mergers and partnerships will increase market consolidation and operational scalability.

CHAPTER NO. 1: GENESIS OF THE MARKET

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2: EXECUTIVE LENS

2.1 Pulse of the Truck Type – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews

CHAPTER NO. 3: FREIGHT TRUCKING MARKET FORCES & TRUCK TYPE PULSE

3.1 Foundations of Change – Market Overview

3.2 Catalysts of Expansion – Key Market Drivers

3.2.1 Momentum Boosters – Growth Triggers

3.2.2 Innovation Fuel – Disruptive Technologies

3.3 Headwinds & Crosswinds – Market Restraints

3.3.1 Regulatory Tides – Compliance Challenges

3.3.2 Economic Frictions – Inflationary Pressures

3.4 Untapped Horizons – Growth Potential & Opportunities

3.5 Strategic Navigation – Truck Type Frameworks

3.5.1 Market Equilibrium – Porter’s Five Forces

3.5.2 Ecosystem Dynamics – Value Chain Analysis

3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

3.6.1 Regional Price Trend

3.6.2 Price Trend by Component

CHAPTER NO. 4: KEY INVESTMENT EPICENTER

4.1 Regional Goldmines – High-Growth Geographies

4.2 Component Frontiers – Lucrative Component Categories

4.3 Component Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Component & Component Revenue

CHAPTER NO. 6: TRADE & COMMERCE ANALYSIS

6.1.Import Analysis by Region

6.1.1. Global Freight Trucking Import Revenue By Region

6.2.Export Analysis by Region

6.2.1. Global Freight Trucking Export Revenue By Region

CHAPTER NO. 7: COMPETITION ANALYSIS

7.1.Company Market Share Analysis

7.1.1. Global Freight Trucking: Company Market Share

7.2. Global Freight Trucking Company Revenue Market Share

7.3.Strategic Developments

7.3.1.Acquisitions & Mergers

7.3.2. New Component Launch

7.3.3. Regional Expansion

7.4.    Competitive Dashboard

7.5.    Company Assessment Metrics, 2024

CHAPTER NO. 8: FREIGHT TRUCKING MARKET – BY TRUCK TYPE SEGMENT ANALYSIS

8.1. Freight Trucking Overview by Truck Type Segment

8.1.1. Freight Trucking Revenue Share By Truck Type

8.2. Dry Van & Box Truck

8.3. Refrigerated Truck

8.4. Tanker Truck

8.5. Flatbed Truck

8.6. Others

CHAPTER NO. 9: FREIGHT TRUCKING MARKET – BY CARGO TYPE SEGMENT ANALYSIS

9.1. Freight Trucking Overview by Cargo Type Segment

9.1.1. Freight Trucking Revenue Share By Cargo Type

9.2. Dry Bulk Goods

9.3. Liquids

9.4. Temperature-Controlled Goods

9.5. Others

CHAPTER NO. 10: FREIGHT TRUCKING MARKET – BY END USER SEGMENT ANALYSIS

10.1. Freight Trucking Overview by End User Segment

10.1.1. Freight Trucking Revenue Share By End User

10.2. Retail & E-Commerce

10.3. Manufacturing & Industrial

10.4. Healthcare

10.5. Automotive

10.6. Others

CHAPTER NO. 11: FREIGHT TRUCKING MARKET – REGIONAL ANALYSIS

11.1.Freight Trucking Overview by Region Segment

11.1.1. Global Freight Trucking Revenue Share By Region

11.1.2.Regions

11.1.3.Global Freight Trucking Revenue By Region

11.1.4. Truck Type

11.1.5.Global Freight Trucking Revenue By Truck Type

11.1.6.Cargo Type

11.1.7. Global Freight Trucking Revenue By Cargo Type

11.1.8. End User

11.1.9. Global Freight Trucking Revenue By End User

CHAPTER NO. 12: NORTH AMERICA FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

12.1.North America Freight Trucking Overview by Country Segment

12.1.1.North America Freight Trucking Revenue Share By Region

12.2.North America

12.2.1. North America Freight Trucking Revenue By Country

12.2.2.Truck Type

12.2.3.North America Freight Trucking Revenue By Truck Type

12.2.4.Cargo Type

12.2.5. North America Freight Trucking Revenue By Cargo Type

12.2.6.End User

12.2.7. North America Freight Trucking Revenue By End User

2.3.U.S.

12.4.Canada

12.5.Mexico

CHAPTER NO. 13: EUROPE FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

13.1. Europe Freight Trucking Overview by Country Segment

13.1.1. Europe Freight Trucking Revenue Share By Region

13.2.Europe

13.2.1.Europe Freight Trucking Revenue By Country

13.2.2.Truck Type

13.2.3.Europe Freight Trucking Revenue By Truck Type

13.2.4.Cargo Type

13.2.5. Europe Freight Trucking Revenue By Cargo Type

13.2.6.End User

13.2.7. Europe Freight Trucking Revenue By End User

13.3.UK

13.4.France

13.5.Germany

13.6.Italy

13.7.Spain

13.8.Russia

13.9.   Rest of Europe

CHAPTER NO. 14: ASIA PACIFIC FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

14.1.Asia Pacific Freight Trucking Overview by Country Segment

14.1.1. Asia Pacific Freight Trucking Revenue Share By Region

14.2.Asia Pacific

14.2.1. Asia Pacific Freight Trucking Revenue By Country

14.2.2.Truck Type

14.2.3. Asia Pacific Freight Trucking Revenue By Truck Type

14.2.4.Cargo Type

14.2.5.Asia Pacific Freight Trucking Revenue By Cargo Type

14.2.5.End User

14.2.7. Asia Pacific Freight Trucking Revenue By End User

14.3.China

14.4.Japan

14.5.South Korea

14.6.India

14.7.Australia

14.8.Southeast Asia

14.9. Rest of Asia Pacific

CHAPTER NO. 15: LATIN AMERICA FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

15.1.Latin America Freight Trucking Overview by Country Segment

15.1.1.Latin America Freight Trucking Revenue Share By Region

15.2. Latin America

15.2.1. Latin America Freight Trucking Revenue By Country

15.2.2.Truck Type

15.2.3. Latin America Freight Trucking Revenue By Truck Type

15.2.4.Cargo Type

15.2.5. Latin America Freight Trucking Revenue By Cargo Type

15.2.6.End User

15.2.7.Latin America Freight Trucking Revenue By End User

15.3.Brazil

15.4.Argentina

15.5.Rest of Latin America

CHAPTER NO. 16: MIDDLE EAST FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

16.1.Middle East Freight Trucking Overview by Country Segment

16.1.1.Middle East Freight Trucking Revenue Share By Region

16.2.Middle East

16.2.1. Middle East Freight Trucking Revenue By Country

16.2.2.Truck Type

16.2.3. Middle East Freight Trucking Revenue By Truck Type

16.2.4.Cargo Type

16.2.5. Middle East Freight Trucking Revenue By Cargo Type

16.2.6. End User

16.2.7.Middle East Freight Trucking Revenue By End User

16.3.GCC Countries

16.4. Israel

16.5. Turkey

16.6.Rest of Middle East

CHAPTER NO. 17: AFRICA FREIGHT TRUCKING MARKET – COUNTRY ANALYSIS

17.1. Africa Freight Trucking Overview by Country Segment

17.1.1. Africa Freight Trucking Revenue Share By Region

17.2. Africa

17.2.1.Africa Freight Trucking Revenue By Country

17.2.2.Truck Type

17.2.3.Africa Freight Trucking Revenue By Truck Type

17.2.4.Cargo Type

17.2.5. Africa Freight Trucking Revenue By Cargo Type

17.2.6.End User

17.2.7. Africa Freight Trucking Revenue By End User

17.3. South Africa

17.4.Egypt

17.5.Rest of Africa

CHAPTER NO. 18: COMPANY PROFILES

18.1. J.B. Hunt Transport Services, Inc.

18.1.1.Company Overview

18.1.2.Component Portfolio

18.1.3.Financial Overview

18.1.4.Recent Developments

18.1.5.Growth Strategy

18.1.6.SWOT Analysis

18.2. Schneider National, Inc.

18.3. Knight-Swift Transportation Holdings Inc.

18.4. Werner Enterprises, Inc.

18.5. Estes Express Lines

18.6. C.H. Robinson Worldwide, Inc.

18.7. XPO Logistics

18.8. UPS Freight

18.9. FedEx Freight

18.10. Old Dominion Freight Line, Inc.

 

Frequently Asked Questions

What is the current size of the Freight Trucking Market?

The Global Freight Trucking Market was valued at USD 3,364.39 million in 2024 and is projected to reach USD 4,839.55 million by 2032, growing at a CAGR of 4.33%.

What factors are driving the growth of the Freight Trucking Market?

Key growth drivers include rising e-commerce demand, increased need for efficient last-mile delivery, technological innovations like AI and automation, expanding infrastructure, and a growing focus on sustainability.

What are some challenges faced by the Freight Trucking Market?

The market faces challenges such as rising operational costs, fuel price volatility, driver shortages, regulatory compliance burdens, and the high cost of transitioning to sustainable vehicles.

Who are the major players in the Freight Trucking Market?

Prominent players include UPS, FedEx, DHL Express, Maersk, XPO Logistics, J.B. Hunt, Nippon Express, Schneider National, C.H. Robinson, and Yellow Corporation.

Ganesh Chandwade

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

Rail Freight Digital Transformation Market

Published:
Report ID: 76711

Freight Management Systems market

Published:
Report ID: 74878

Freight Management Software Market

Published:
Report ID: 73055

Singapore Freight and Logistics Market

Published:
Report ID: 30428

Air Freight Services Market

Published:
Report ID: 53638

Air Freight Market

Published:
Report ID: 53313

Sea Freight Forwarding Market

Published:
Report ID: 50216

Freight Forwarding Market

Published:
Report ID: 50023

Commercial Vehicles Market

Published:
Report ID: 4014

International Moving Services Market

Published:
Report ID: 102612

Industrial Electric Vehicles Market

Published:
Report ID: 6772

Sustainable Logistics Market

Published:
Report ID: 97328

New Energy Vehicles Market

Published:
Report ID: 14463

Fifth-party Logistics Market

Published:
Report ID: 101917

Off-Highway Tires Market

Published:
Report ID: 101873

Electric Burden Carrier Market

Published:
Report ID: 101463

Automotive Haptic Feedback System Market

Published:
Report ID: 101447

EV Fleet Management System Market

Published:
Report ID: 101327

Refrigerated Vans Market

Published:
Report ID: 101235

Europe EV Fleet Management System Market

Published:
Report ID: 101175

Pickup Trucks Accessories Market

Published:
Report ID: 101109

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$4699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$5699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$12699

Credence Staff 3

WILLIAM, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample