Truck-as-a-Service Market Report 2026

The truck-as-a-service market size has grown exponentially in recent years. It will grow from $42.64 billion in 2025 to $52.96 billion in 2026 at a compound annual growth rate (CAGR) of 24.2%. The growth in the historic period can be attributed to rising fleet ownership costs, increasing demand for outsourced transport services, growth of digital logistics platforms, expansion of managed fleet services, increased focus on cost predictability.

The truck-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $122.26 billion in 2030 at a compound annual growth rate (CAGR) of 23.3%. The growth in the forecast period can be attributed to increasing adoption of autonomous and connected trucks, rising demand for data-driven fleet management, expansion of usage-based transport services, growing focus on emission-optimized trucking models, increasing integration of ai-based logistics platforms. Major trends in the forecast period include increasing adoption of subscription-based trucking models, rising deployment of advanced fleet telematics services, growing integration of predictive maintenance analytics, expansion of digital freight brokerage platforms, enhanced focus on fleet utilization optimization.

The growing shortage of drivers is anticipated to boost the expansion of the truck-as-a-service market in the coming years. Driver shortages occur when there are not enough qualified individuals to fill driver roles, especially in sectors like transportation and logistics. Truck-as-a-service helps mitigate this challenge by offering access to professional drivers as part of the service, easing recruitment and retention issues. For example, in April 2024, a report by the International Road Transport Union (IRU), a Switzerland-based organization, indicated that the EU, Norway, and the UK face a deficit of over 233,000 truck drivers, expected to rise above 745,000 by 2028 due to retirements if no measures are taken. On average, truck drivers in Europe earn 55% more than the national minimum wage, with wages reaching 133% in the Netherlands. Consequently, the rising driver shortage is fueling the demand for truck-as-a-service.

Major companies in the truck-as-a-service market are focusing on developing innovative offerings, such as usage-based truck leasing options. A usage-based truck leasing option is a flexible leasing model for commercial trucks in which the lease cost is tied to the vehicle’s actual usage or mileage rather than a fixed monthly payment. For example, in December 2023, Mack Trucks, Inc., a U.S.-based truck manufacturer, announced the launch of the ElectriFi Subscription Program. This program was introduced for the company’s MD Electric medium-duty truck. Under this subscription, customers can pay based on the number of miles they drive each month, following a pay-as-you-go structure. Subscriptions begin with a minimum term of three years, with the option to extend up to six years. At the end of the subscription period, customers may choose to renew the plan, purchase the truck, or end the agreement. The subscription fee is tiered and determined based on a minimum monthly mileage requirement of 1,700 miles.

In June 2025, hylane, a Germany-based transport-as-a-service company, partnered with Daimler Truck and DHL Group to deploy fully electric heavy-duty trucks under a usage-based Truck-as-a-Service model for parcel logistics operations. Through this collaboration, hylane, Daimler Truck, and DHL Group aim to combine electric truck technology with pay-per-kilometer fleet operations to enhance logistics performance and operational efficiency, lower upfront investment and operational complexity for fleet operators, and support long-term decarbonization and sustainability in road freight transport. Daimler Truck is a Germany-based commercial vehicle manufacturer that focuses on the development and production of heavy-duty trucks, including battery-electric models, while DHL Group is a Germany-based logistics and supply chain services company specializing in freight transportation, parcel delivery, and large-scale logistics networks.

Major companies operating in the truck-as-a-service market are Volkswagen AG, Daimler Truck AG, C.H. Robinson Worldwide Inc., MAN Truck & Bus SE, Ryder System Inc., Penske Truck Leasing Co. L.P., XPO Logistics Inc., Landstar System Inc., Knight-Swift Transportation Holdings Inc., Schneider National Inc., Old Dominion Freight Line Inc., ArcBest Corporation, YRC Worldwide Inc., Trimble Inc., Werner Enterprises Inc., J.B. Hunt Transport Services Inc., NFI Industries Inc., Saia Inc., Universal Logistics Holdings Inc., Marten Transport Ltd., Covenant Logistics Group Inc., Heartland Express Inc., USA Truck Inc., Roadrunner Transportation Systems Inc., Road One Inc., P.A.M. Transportation Services Inc., Fleet Complete, Estes Express Lines, Fleet Advantage LLC., A. Duie Pyle, AAA Cooper Transportation, Dayton Freight Lines Inc., Oak Harbor Freight Lines Inc., Pitt Ohio Express LLC, Ruan Transportation Management Systems, Southeastern Freight Lines.

North America was the largest region in the truck-as-a-service market in 2025. The regions covered in the truck-as-a-service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the truck-as-a-service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The truck-as-a-service market includes revenues earned by entities by providing services such as partial truckload service, full truckload service, flatbed trucking service, refrigerated trucks or reefer trucks service, intermodal freight shipping, expedited trucking service, and white glove service. 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.

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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