Local General Freight Trucking Market Report 2025

The local general freight trucking market size has grown marginally in recent years. It will grow from $134.29 billion in 2024 to $136.39 billion in 2025 at a compound annual growth rate (CAGR) of 1.6%. The growth in the historic period can be attributed to economic growth in emerging markets, growth in building and construction sector and a rise in disposable income.

The local general freight trucking market size is expected to see marginal growth in the next few years. It will grow to $147.35 billion in 2029 at a compound annual growth rate (CAGR) of 2%. The growth in the forecast period can be attributed to growing e-commerce sales, rising urbanization and rising demand for raw materials from the manufacturing industries. Major trends in the forecast period include use of artificial intelligence (AI), focus on internet of things (IoT), mergers and acquisitions, increasing investments, partnerships and collaborations.

The anticipated growth in e-commerce sales is expected to boost the local freight trucking market during the forecast period. E-commerce encompasses the buying and selling of products and services over the Internet. The trucking industry is directly affected by the e-commerce sector, as it is essential for transporting goods from one location to another. For example, in April 2024, the European Commission, a governing body based in Belgium responsible for implementing decisions and upholding EU treaties, reported that among individuals aged 16 to 74 surveyed, 92% had used the Internet in the past year, with 70% making purchases, reflecting a 2% increase from 2022. Furthermore, 75% of EU internet users bought items online in 2023, indicating ongoing growth in e-commerce. The rise in e-commerce sales drives the demand for transporting goods, thereby propelling the growth of the local freight trucking market.

The growth of the local general freight trucking market is expected to be propelled by the increasing number of goods deliveries. The term 'goods delivery' refers to the process of transporting and supplying products to their intended destinations. Local general freight trucking plays a pivotal role in facilitating swift and cost-effective deliveries within specific geographic regions, addressing the immediate needs of businesses and consumers. For instance, Tesla Inc. reported a notable year-on-year growth in vehicle deliveries, reaching over 405,000 deliveries out of more than 439,000 produced vehicles in 2022. This rise in the number of goods deliveries is a significant factor driving the expansion of the local general freight trucking market.

A prominent trend in the local general freight trucking market is the integration of the Internet of Things (IoT) into the transportation sector. The IoT is poised to revolutionize the transport industry by collecting data related to market and technological advancements, employing data analytics, and automating mobility processes. Companies worldwide are leveraging IoT for improved productivity and efficiency, with applications ranging from data gathering to fleet management and location tracking. For instance, Kuehne + Nagel, a Swiss-based transport and logistics company, utilizes IoT for freight monitoring, providing real-time alerts about temperature, humidity, pressure, shock, and tilt at the parcel level.

Major players in the local general freight trucking market are strategically developing innovative hardware and software solutions, exemplified by products such as Vaux, to gain a competitive edge. Vaux represents a cutting-edge technology designed to streamline the transportation of goods by revolutionizing processes such as loading, unloading, and freight transfer. Combining both hardware and software elements, Vaux offers comprehensive visibility into freight movements within warehouse facilities, on loading docks, and during road transportation. Launched by ArcBest Corporation in March 2023, Vaux significantly enhances operational efficiency by enabling rapid unloading of an entire trailer's contents in less than five minutes, minimizing handling durations and optimizing logistics management.

Major companies operating in the local general freight trucking market include FedEx Corporation, Deutsche Post DHL Group, Yellow Corporation, C.H. Robinson Worldwide Inc, Old Dominion Freight Line Inc., XPO Logistics Inc., Landstar System Inc, Knight Swift Transportation Holdings Inc., Schneider National, Inc., JB Hunt Transport Services Inc, Luzhou Litong Industry Co., Ltd, Yibin Dahuang Logistics Co., Ltd, Infinity Cargo Logistics (China) Limited, YAMATO TRANSPORT CO., LTD, Nippon Express Company, Ltd, Yamato Transport, Coupang Fulfillment Services Ltd, DONGWON LOEX Co., Ltd, Federal Express Corporation, Oocl Uk Branch, Royal Mail Group Limited, Gxo Logistics Uk Limited, Dhl Freight Gmbh, DHL Express, TNT Expressare and Spares, Van der Vlist Russia, Logistics Ekol Romania, Frigoexpres, S.C. PHARAON SPEED EXPRESS SRL, Pavages J.M. Beaulieu Inc Les, Smart Move Facilities Services Inc, Blackmine Outfitters Trucking Ltd, J & S Services Inc, R & C Weare Logging Ltd, N. W. White & Company, Bayshore Transportation System Inc, Benny Whitehead Inc, Koleaseco Inc, Nippon Express, Rodovitor Transport and Vehicle Rental, Yusen Logistics, Fox Brasil, Panalpina, Maxitrans, Forward Movers, Creek General Transport, Prime Transport LLC, Haulier refrigerated & Chiller Van Transport Dubai, Ardh Al Madina Group, Alpha Omega International Trading Cc, Autocarrier Transport, Fpt Group (Pty) Ltd, Standard Vulcanizers, Atteridgeville Bus Service (Pty) Ltd.

Asia-Pacific was the largest region in the local general freight trucking market in 2024. North America was the second largest region in the local general freight trucking market share. The regions covered in the local general freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the local general freight trucking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The local general freight trucking market includes revenues earned by entities by providing transportation service for local areas. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Local general freight trucking refers to modes of transportation that utilize trucks and vans for delivering a diverse range of commodities within local metropolitan areas. Typically, these goods are palletized and transported in containers or van trailers to fulfill both domestic and commercial needs, and the transportation is primarily for short distances.

The primary types of local general freight trucking include truckload transportation, less-than-truckload transportation, intermodal transportation, dry-bulk transportation, and others. Intermodal transportation involves the movement of large-sized goods through multiple modes of transport, often in containers. The market is further segmented by type into heavy trucks, medium trucks, and light trucks. Additionally, it is categorized by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and other sectors.

The local general freight trucking market research report is one of a series of new reports that provides local general freight trucking market statistics, including local general freight trucking industry global market size, regional shares, competitors with a local general freight trucking market share, detailed local general freight trucking market segments, market trends and opportunities, and any further data you may need to thrive in the local general freight trucking industry. This local general freight trucking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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