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Less Than Truck Load Market (2024 Edition): Analysis By Type (Long-Haul Carriers, Superregional Carriers, and Regional Carriers), By Application, By Mode, By Region, By Country: Market Insights and Forecast (2020-2030)

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    Report

  • 247 Pages
  • April 2024
  • Region: Global
  • Azoth Analytics
  • ID: 5950191
Description Jump to:
This report provides a complete analysis of the Global Less Than Truck Load industry in terms of market segmentation by Type (Long-Haul Carriers, Superregional Carriers, and Regional Carriers), By Application (Retail Shipping, Industrial Shipping, and Food & Beverages Shipping), By Mode (Ground Shipping, Air Shipping, and Rail Shipping) for the historical period of 2020-2023, the estimates of 2024 and the forecast period of 2025-2030.

The report analyses the Less Than Truck Load Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Canada, Mexico, Germany, United Kingdom, France, Italy, China, Japan, and India). The Global Less Than Truck Load market showcased growth at a CAGR of 4.03% during 2020-2023. The market was valued at USD 199.03 Billion in 2023 which is expected to reach USD 284.98 Billion in 2030. LTL carriers are experiencing increased demand due to the rise of e-commerce, which has led to smaller, more frequent shipments. Additionally, the globalization of supply chains has spurred cross-border trade, further driving demand for LTL services. Technological advancements have played a pivotal role in optimizing operations, with automation, data analytics, and route optimization enhancing efficiency and reducing costs for carriers. Moreover, the growing focus on sustainability and environmental consciousness has prompted LTL carriers to adopt eco-friendly practices and invest in greener technologies.

In terms of market growth, the LTL sector is witnessing expansion driven by the robust performance of industries such as retail, manufacturing, and healthcare. The adoption of just-in-time inventory management practices has necessitated faster and more flexible transportation solutions, aligning well with the offerings of LTL carriers. Additionally, strategic partnerships and acquisitions within the industry have enabled LTL companies to broaden their service portfolios, enhance network coverage, and tap into new markets.

Additionally, the Less Than Truckload (LTL) market's growth is also fuelled by the trend towards supply chain optimization and cost-saving measures among businesses. Companies are increasingly outsourcing their logistics needs to specialized LTL carriers to streamline operations and reduce overhead costs associated with maintaining in-house transportation fleets. Moreover, the shift towards just-in-time inventory management practices has heightened the need for reliable and flexible transportation solutions, further driving demand for LTL services.

Furthermore, the LTL market's growth is supported by the increasing complexity of customer requirements and the need for tailored logistics solutions. Businesses across various industries require customizable shipping options to accommodate diverse cargo types, delivery schedules, and destination requirements. LTL carriers are well-positioned to meet these demands by offering a range of value-added services such as temperature-controlled shipping, specialized handling, and enhanced tracking capabilities.

Scope of the Report

  • The report analyses the Less Than Truck Load Market by Value (USD Billion).
  • The report presents the analysis of Less Than Truck Load Market for the historical period of 2020-2023, the estimated year 2024 and the forecast period of 2025-2030.
  • The report analyses the Less Than Truck Load Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Canada, Mexico, Germany, United Kingdom, France, Italy, China, Japan, and India).
  • The report analyses the Less Than Truck Load Market By Type (Long-Haul Carriers, Superregional Carriers, and Regional Carriers)
  • The report analyses the Less Than Truck Load Market By Application (Retail Shipping, Industrial Shipping, and Food & Beverages Shipping)
  • The report analyses the Less Than Truck Load Market By Mode (Ground Shipping, Air Shipping, and Rail Shipping)
  • The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Type, By Application & By Mode.
  • Also, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.
  • The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report are United Parcel Service, FedEx Corporation, XPO Inc., Old Dominion Freight Line, Yellow Corporation, ABF Freight System, Estes Express Line, R+ L Carriers, Saia Inc., and DHL Freight.

Table of Contents

1. Market Background
1.1 Scope and Service Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
2.1 Diversification of Revenue Streams
2.2 Market Expansion and Globalization
3. Global Less Than Truck Load Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global Less Than Truck Load Market
3.2 Analysis of Logistics Sector Split Across Mode and Industry
3.3 Global Less Than Truck Load Market: Dashboard
3.4 Global Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
3.5 Global Less Than Truck Load Market: Market Value Assessment
3.6 Assessment Degree of Impact of COVID-19 on Global Less Than Truck Load Market
3.7 Global Less Than Truck Load Market Segmentation: By Type
3.7.1 Global Less Than Truck Load Market, By Type Overview
3.7.2 Global Less Than Truck Load Market Attractiveness Index, By Type
3.7.3 Global Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.4 Global Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
3.7.5 Global Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
3.8 Global Less Than Truck Load Market Segmentation: By Application
3.8.1 Global Less Than Truck Load Market, By Application Overview
3.8.2 Global Less Than Truck Load Market Attractiveness Index, By Application
3.8.3 Global Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.4 Global Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.5 Global Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
3.9 Global Less Than Truck Load Market Segmentation: By Mode
3.9.1 Global Less Than Truck Load Market, By Mode Overview
3.9.2 Global Less Than Truck Load Market Attractiveness Index, By Mode
3.9.3 Global Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
3.9.4 Global Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
3.9.5 Global Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
4. Less Than Truck Load Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Less Than Truck Load Market: Historic and Forecast
5.1 Americas Less Than Truck Load Market: Snapshot
5.2 Americas Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.3 Americas Less Than Truck Load Market: Key Factors
5.4 Americas Less Than Truck Load Market: Segment Analysis
5.5 Americas Less Than Truck Load Market Segmentation: By Type
5.5.1 Americas Less Than Truck Load Market, By Type Overview
5.5.2 Americas Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.3 Americas Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.4 Americas Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
5.6 Americas Less Than Truck Load Market Segmentation: By Application
5.6.1 Americas Less Than Truck Load Market, By Application Overview
5.6.2 Americas Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.3 Americas Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.4 Americas Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.7 Americas Less Than Truck Load Market Segmentation: By Mode
5.7.1 Americas Less Than Truck Load Market, By Mode Overview
5.7.2 Americas Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.3 Americas Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.4 Americas Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
5.8 Americas Less Than Truck Load Market Segmentation: By Country
5.8.1 Americas Less Than Truck Load Market, by Country Overview
5.8.2 United States Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.2.1 United States Less Than Truck Load Market, By Type
5.8.2.2 United States Less Than Truck Load Market, By Application
5.8.2.3 United States Less Than Truck Load Market, By Mode
5.8.3 Canada Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.3.1 Canada Less Than Truck Load Market, By Type
5.8.3.2 Canada Less Than Truck Load Market, By Application
5.8.3.3 Canada Less Than Truck Load Market, By Mode
5.8.4 Mexico Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.4.1 Mexico Less Than Truck Load Market, By Type
5.8.4.2 Mexico Less Than Truck Load Market, By Application
5.8.4.3 Mexico Less Than Truck Load Market, By Mode
5.8.5 Rest of Americas Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.5.1 Rest of Americas Less Than Truck Load Market, By Type
5.8.5.2 Rest of Americas Less Than Truck Load Market, By Application
5.8.5.3 Rest of Americas Less Than Truck Load Market, By Mode
6. Europe Less Than Truck Load Market: Historic and Forecast
6.1 Europe Less Than Truck Load Market: Snapshot
6.2 Europe Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.3 Europe Less Than Truck Load Market: Key Factors
6.4 Europe Less Than Truck Load Market: Segment Analysis
6.5 Europe Less Than Truck Load Market Segmentation: By Type
6.5.1 Europe Less Than Truck Load Market, By Type Overview
6.5.2 Europe Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.3 Europe Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.4 Europe Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
6.6 Europe Less Than Truck Load Market Segmentation: By Application
6.6.1 Europe Less Than Truck Load Market, By Application Overview
6.6.2 Europe Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.3 Europe Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.4 Europe Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.7 Europe Less Than Truck Load Market Segmentation: By Mode
6.7.1 Europe Less Than Truck Load Market, By Mode Overview
6.7.2 Europe Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.3 Europe Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.4 Europe Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
6.8 Europe Less Than Truck Load Market Segmentation: By Country
6.8.1 Europe Less Than Truck Load Market, by Country Overview
6.8.2 Germany Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.2.1 Germany Less Than Truck Load Market, By Type
6.8.2.2 Germany Less Than Truck Load Market, By Application
6.8.2.3 Germany Less Than Truck Load Market, By Mode
6.8.3 United Kingdom Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.3.1 United Kingdom Less Than Truck Load Market, By Type
6.8.3.2 United Kingdom Less Than Truck Load Market, By Application
6.8.3.3 United Kingdom Less Than Truck Load Market, By Mode
6.8.4 France Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.4.1 France Less Than Truck Load Market, By Type
6.8.4.2 France Less Than Truck Load Market, By Application
6.8.4.3 France Less Than Truck Load Market, By Mode
6.8.5 Italy Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.5.1 Italy Less Than Truck Load Market, By Type
6.8.5.2 Italy Less Than Truck Load Market, By Application
6.8.5.3 Italy Less Than Truck Load Market, By Mode
6.8.6 Rest of Europe Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.6.1 Rest of Europe Less Than Truck Load Market, By Type
6.8.6.2 Rest of Europe Less Than Truck Load Market, By Application
6.8.6.3 Rest of Europe Less Than Truck Load Market, By Mode
7. Asia Pacific Less Than Truck Load Market: Historic and Forecast
7.1 Asia Pacific Less Than Truck Load Market: Snapshot
7.2 Asia Pacific Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.3 Asia Pacific Less Than Truck Load Market: Key Factors
7.4 Asia Pacific Less Than Truck Load Market: Segment Analysis
7.5 Asia Pacific Less Than Truck Load Market Segmentation: By Type
7.5.1 Asia Pacific Less Than Truck Load Market, By Type Overview
7.5.2 Asia Pacific Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.3 Asia Pacific Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.4 Asia Pacific Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
7.6 Asia Pacific Less Than Truck Load Market Segmentation: By Application
7.6.1 Asia Pacific Less Than Truck Load Market, By Application Overview
7.6.2 Asia Pacific Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.3 Asia Pacific Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.4 Asia Pacific Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.7 Asia Pacific Less Than Truck Load Market Segmentation: By Mode
7.7.1 Asia Pacific Less Than Truck Load Market, By Mode Overview
7.7.2 Asia Pacific Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.3 Asia Pacific Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.4 Asia Pacific Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
7.8 Asia Pacific Less Than Truck Load Market Segmentation: By Country
7.8.1 Asia Pacific Less Than Truck Load Market, by Country Overview
7.8.2 China Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.2.1 China Less Than Truck Load Market, By Type
7.8.2.2 China Less Than Truck Load Market, By Application
7.8.2.3 China Less Than Truck Load Market, By Mode
7.8.3 Japan Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.3.1 Japan Less Than Truck Load Market, By Type
7.8.3.2 Japan Less Than Truck Load Market, By Application
7.8.3.3 Japan Less Than Truck Load Market, By Mode
7.8.4 India Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.4.1 India Less Than Truck Load Market, By Type
7.8.4.2 India Less Than Truck Load Market, By Application
7.8.4.3 India Less Than Truck Load Market, By Mode
7.8.5 Rest of Asia Pacific Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.5.1 Rest of Asia Pacific Less Than Truck Load Market, By Type
7.8.5.2 Rest of Asia Pacific Less Than Truck Load Market, By Application
7.8.5.3 Rest of Asia Pacific Less Than Truck Load Market, By Mode
8. Middle East & Africa Less Than Truck Load Market: Historic and Forecast
8.1 Middle East & Africa Less Than Truck Load Market: Snapshot
8.2 Middle East & Africa Less Than Truck Load Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.3 Middle East & Africa Less Than Truck Load Market: Key Factors
8.4 Middle East and Africa Less Than Truck Load Market: Segment Analysis
8.5 Middle East & Africa Less Than Truck Load Market Segmentation: By Type
8.5.1 Middle East & Africa Less Than Truck Load Market, By Type Overview
8.5.2 Middle East & Africa Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.3 Middle East & Africa Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.4 Middle East & Africa Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
8.6 Middle East & Africa Less Than Truck Load Market Segmentation: By Application
8.6.1 Middle East & Africa Less Than Truck Load Market, By Application Overview
8.6.2 Middle East & Africa Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.3 Middle East & Africa Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.4 Middle East & Africa Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
8.7 Middle East & Africa Less Than Truck Load Market Segmentation: By Mode
8.7.1 Middle East & Africa Less Than Truck Load Market, By Mode Overview
8.7.2 Middle East & Africa Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.3 Middle East & Africa Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.4 Middle East & Africa Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Less Than Truck Load Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Porter Analysis
11. Competitive Positioning
11.1 Companies’ Service Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Less Than Truck Load Market
11.4 Company Profiles
11.4.1 United Parcel Service
11.4.2 FedEx Corporation
11.4.3 XPO, Inc.
11.4.4 Old Dominion Freight Line
11.4.5 Yellow Corporation
11.4.6 ABF Freight System, Inc.
11.4.7 Estes Express Lines
11.4.8 R+L Carriers, Inc.
11.4.9 Saia, Inc.
11.4.10 DHL Freight
12. About Us & Disclaimer
List of Figures
Figure 1: Global Less Than Truck Load Market Size, By Value, 2020-2023 (USD Billion)
Figure 2: Global Less Than Truck Load Market Size, By Value, 2024-2030 (USD Billion)
Figure 3: Global Less Than Truck Load Market Share, By Application, 2023 (%)
Figure 4: Market Attractiveness Analysis of Global Less Than Truck Load Market, By Type (2025-2030)
Figure 5: Global Less Than Truck Load Market Size, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 6: Global Less Than Truck Load Market Absolute Opportunity, By Long-Haul Carriers, 2020-2030 (USD Billion)
Figure 7: Global Less Than Truck Load Market Size, By Superregional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 8: Global Less Than Truck Load Market Absolute Opportunity, By Superregional Carriers, 2020-2030 (USD Billion)
Figure 9: Global Less Than Truck Load Market Size, By Regional Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 10: Global Less Than Truck Load Market Absolute Opportunity, By Regional Carriers, 2020-2030 (USD Billion)
Figure 11: Market Attractiveness Analysis of Global Less Than Truck Load Market, By Application (2025-2030)
Figure 12: Global Less Than Truck Load Market Size, By Retail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 13: Global Less Than Truck Load Market Absolute Opportunity, By Retail Shipping, 2020-2030 (USD Billion)
Figure 14: Global Less Than Truck Load Market Size, By Industrial Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 15: Global Less Than Truck Load Market Absolute Opportunity, By Industrial Shipping, 2020-2030 (USD Billion)
Figure 16: Global Less Than Truck Load Market Size, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 17: Global Less Than Truck Load Market Absolute Opportunity, By Food & Beverage Shipping, 2020-2030 (USD Billion)
Figure 18: Market Attractiveness Analysis of Global Less Than Truck Load Market, By Mode (2025-2030)
Figure 19: Global Less Than Truck Load Market Size, By Ground Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 20: Global Less Than Truck Load Market Absolute Opportunity, By Ground Shipping, 2020-2030 (USD Billion)
Figure 21: Global Less Than Truck Load Market Size, By Air Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 22: Global Less Than Truck Load Market Absolute Opportunity, By Air Shipping, 2020-2030 (USD Billion)
Figure 23: Global Less Than Truck Load Market Size, By Rail Shipping, By Value, 2020H-2030F (USD Billion & CAGR)
Figure 24: Global Less Than Truck Load Market Absolute Opportunity, By Rail Shipping, 2020-2030 (USD Billion)
Figure 25: Americas Less Than Truck Load Market Size, By Value, 2020H-2030F (USD Billion)
Figure 26: Americas Less Than Truck Load Market Share, By Application, 2023 (%)
Figure 27: Americas Less Than Truck Load Market, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 28: Americas Less Than Truck Load Market, By Superregional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 29: Americas Less Than Truck Load Market, By Regional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 30: Americas Less Than Truck Load Market, By Retail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 31: Americas Less Than Truck Load Market, By Industrial Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 32: Americas Less Than Truck Load Market, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 33: Americas Less Than Truck Load Market, By Ground Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 34: Americas Less Than Truck Load Market, By Air Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 35: Americas Less Than Truck Load Market, By Rail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 36: United States Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 37: United States Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 38: United States Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 39: United States Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 40: United States Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 41: Canada Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 42: Canada Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 43: Canada Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 44: Canada Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 45: Canada Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 46: Mexico Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 47: Mexico Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 48: Mexico Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 49: Mexico Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 50: Mexico Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 51: Rest of Americas Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 52: Rest of Americas Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 53: Rest of Americas Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 54: Rest of Americas Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 55: Rest of Americas Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 56: Europe Less Than Truck Load Market Size, By Value, 2020H-2030F (USD Billion)
Figure 57: Europe Less Than Truck Load Market Share, By Application, 2023 (%)
Figure 58: Europe Less Than Truck Load Market, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 59: Europe Less Than Truck Load Market, By Superregional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 60: Europe Less Than Truck Load Market, By Regional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 61: Europe Less Than Truck Load Market, By Retail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 62: Europe Less Than Truck Load Market, By Industrial Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 63: Europe Less Than Truck Load Market, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 64: Europe Less Than Truck Load Market, By Ground Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 65: Europe Less Than Truck Load Market, By Air Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 66: Europe Less Than Truck Load Market, By Rail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 67: Germany Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 68: Germany Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 69: Germany Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 70: Germany Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 71: Germany Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 72: United Kingdom Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 73: United Kingdom Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 74: United Kingdom Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 75: United Kingdom Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 76: United Kingdom Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 77: France Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 78: France Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 79: France Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 80: France Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 81: France Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 82: Italy Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 83: Italy Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 84: Italy Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 85: Italy Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 86: Italy Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 87: Rest of Europe Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 88: Rest of Europe Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 89: Rest of Europe Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 90: Rest of Europe Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 91: Rest of Europe Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 92: Asia Pacific Less Than Truck Load Market Size, By Value, 2020H-2030F (USD Billion)
Figure 93: Asia Pacific Less Than Truck Load Market Share, By Application, 2023 (%)
Figure 94: Asia Pacific Less Than Truck Load Market, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 95: Asia Pacific Less Than Truck Load Market, By Superregional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 96: Asia Pacific Less Than Truck Load Market, By Regional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 97: Asia Pacific Less Than Truck Load Market, By Retail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 98: Asia Pacific Less Than Truck Load Market, By Industrial Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 99: Asia Pacific Less Than Truck Load Market, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 100: Asia Pacific Less Than Truck Load Market, By Ground Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 101: Asia Pacific Less Than Truck Load Market, By Air Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 102: Asia Pacific Less Than Truck Load Market, By Rail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 103: China Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 104: China Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 105: China Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 106: China Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 107: China Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 108: Japan Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 109: Japan Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 110: Japan Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 111: Japan Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 112: Japan Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 113: India Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 114: India Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 115: India Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 116: India Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 117: India Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 118: Rest of Asia Pacific Less Than Truck Load Market, By Value, 2020-2030 (USD Billion & CAGR)
Figure 119: Rest of Asia Pacific Less Than Truck Load Market Value, By Mode, 2023 (USD Billion)
Figure 120: Rest of Asia Pacific Less Than Truck Load Market Share, By Type, By Value, 2023 (%)
Figure 121: Rest of Asia Pacific Less Than Truck Load Market Share, By Application, By Value, 2023 (%)
Figure 122: Rest of Asia Pacific Less Than Truck Load Market Share, By Mode, By Value, 2023 (%)
Figure 123: Middle East and Africa Less Than Truck Load Market Size, By Value, 2020H-2030F (USD Billion)
Figure 124: Middle East and Africa Less Than Truck Load Market Share, By Application, 2023 (%)
Figure 125: Middle East and Africa Less Than Truck Load Market, By Long-Haul Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 126: Middle East and Africa Less Than Truck Load Market, By Superregional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 127: Middle East and Africa Less Than Truck Load Market, By Regional Carriers, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 128: Middle East and Africa Less Than Truck Load Market, By Retail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 129: Middle East and Africa Less Than Truck Load Market, By Industrial Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 130: Middle East and Africa Less Than Truck Load Market, By Food & Beverage Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 131: Middle East and Africa Less Than Truck Load Market, By Ground Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 132: Middle East and Africa Less Than Truck Load Market, By Air Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 133: Middle East and Africa Less Than Truck Load Market, By Rail Shipping, By Value, 2020H-2030F (USD Billions & CAGR)
Figure 134: Market Share of Prominent Companies of Global Less Than Truck Load Market, 2022 (%)
Figure 135: United Parcel Service Revenue, 2021-2023 (USD Million)
Figure 136: United Parcel Service Revenue, By Business Segments, 2022 (%)
Figure 137: United Parcel Service Revenue, By Business Segments, 2021 (%)
Figure 138: FedEx Corporation Revenue, 2021-2023 (USD Million)
Figure 139: FedEx Corporation Revenue, By Geographical Segments, 2023 (%)
Figure 140: FedEx Corporation Revenue, By Geographical Segments, 2022 (%)
Figure 141: XPO Revenue, 2020-2022 (USD Million)
Figure 142: XPO Revenue, By Business Segments, 2022 (%)
Figure 143: XPO Revenue, By Business Segments, 2021 (%)
Figure 144: Old Dominion Revenue, 2021-2023 (USD Million)
Figure 145: Old Dominion Revenue, By Business Segments, 2023 (%)
Figure 146: Old Dominion Revenue, By Business Segments, 2022 (%)
Figure 147: Yellow Corporation Revenue, 2020-2022 (USD Million)
Figure 148: Yellow Corporation Revenue, By Business Segments, 2022 (%)
Figure 149: Yellow Corporation Revenue, By Business Segments, 2021 (%)
Figure 150: Saia Inc. Revenue, 2021-2023 (USD Million)
List of Tables
Table A1: Global Impact of Macro Economic Factors, By Region
Table A2: Logistics Sector Split Across Mode and Industry
Table A3: United States Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A4: United States Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A5: United States Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A6: United States Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A7: United States Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A8: United States Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A9: Canada Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A10: Canada Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A11: Canada Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A12: Canada Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A13: Canada Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A14: Canada Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A15: Mexico Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A16: Mexico Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A17: Mexico Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A18: Mexico Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A19: Mexico Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A20: Mexico Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A21: Rest of Americas Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A22: Rest of Americas Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A23: Rest of Americas Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A24: Rest of Americas Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A25: Rest of Americas Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A26: Rest of Americas Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A27: Germany Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A28: Germany Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A29: Germany Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A30: Germany Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A31: Germany Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A32: Germany Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A33: United Kingdom Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A34: United Kingdom Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A35: United Kingdom Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A36: United Kingdom Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A37: United Kingdom Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A38: United Kingdom Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A39: France Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A40: France Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A41: France Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A42: France Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A43: France Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A44: France Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A45: Italy Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A46: Italy Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A47: Italy Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A48: Italy Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A49: Italy Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A50: Italy Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A51: Rest of Europe Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A52: Rest of Europe Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A53: Rest of Europe Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A54: Rest of Europe Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A55: Rest of Europe Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A56: Rest of Europe Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A57: China Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A58: China Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A59: China Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A60: China Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A61: China Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A62: China Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A63: Japan Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A64: Japan Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A65: Japan Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A66: Japan Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A67: Japan Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A68: Japan Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A69: India Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A70: India Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A71: India Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A72: India Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A73: India Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A74: India Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A75: Rest of Asia Pacific Less Than Truck Load Market, By Type, By Value, 2020-2023 (USD Billion)
Table A76: Rest of Asia Pacific Less Than Truck Load Market, By Type, By Value, 2024-2030 (USD Billion)
Table A77: Rest of Asia Pacific Less Than Truck Load Market, By Application, By Value, 2020-2023 (USD Billion)
Table A78: Rest of Asia Pacific Less Than Truck Load Market, By Application, By Value, 2024-2030 (USD Billion)
Table A79: Rest of Asia Pacific Less Than Truck Load Market, By Mode, By Value, 2020-2023 (USD Billion)
Table A80: Rest of Asia Pacific Less Than Truck Load Market, By Mode, By Value, 2024-2030 (USD Billion)
Table A81: United Parcel Service Key Company Financials, 2021-2023
Table A82: FedEx Corporation Key Company Financials, 2021-2023
Table A83: XPO Key Company Financials, 2020-2022
Table A84: Old Dominion Key Company Financials, 2021-2023
Table A85: Yellow Corporation Key Company Financials, 2020-2022
Table A86: Saia Inc. Key Company Financials, 2021-2023

Companies Mentioned

  • United Parcel Service
  • FedEx Corporation
  • XPO Inc.
  • Old Dominion Freight Line
  • Yellow Corporation
  • ABF Freight System
  • Estes Express Line
  • R+ L Carriers
  • Saia Inc.
  • DHL Freight

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About the Market

The Less Than Truckload (LTL) market is a segment of the logistics industry that involves the transportation of smaller shipments that do not require a full truckload. It is a cost-effective solution for businesses that need to move smaller shipments, as it allows them to share the cost of a truckload with other shippers. LTL carriers typically provide door-to-door service, with pick-up and delivery services, as well as tracking and tracing capabilities. LTL carriers offer a variety of services, such as temperature-controlled shipments, expedited delivery, and specialized handling. They also provide value-added services, such as packaging, labeling, and palletizing. Some of the major companies in the LTL market include FedEx Freight, UPS Freight, YRC Freight, Old Dominion Freight Line, and Saia. Other notable companies include Estes Express Lines, Conway Freight, and R+L Carriers. Show Less Read more

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