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The road freight transportation market in North America is forecasted to grow by USD 129.8 billion during 2024-2029, accelerating at a CAGR of 2.3% during the forecast period. The report on the road freight transportation market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to increase operational efficiency, increasing cross-border trade, and growth in E-commerce industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The road freight transportation market in North America is segmented as below:
By Type
- Full truckload
- Less-than truckload
By Product Type
- Solid goods
- Liquid goods
By Vehicle Type
- Light commercial
- Heavy commercial
By Service Type
- Third-party logistics (3PL)
- Express and parcel services
- Freight forwarding
By Geographical Landscape
- North America
The report on the road freight transportation market in North America covers the following areas:
- Road Freight Transportation Market in North America sizing
- Road Freight Transportation Market in North America forecast
- Road Freight Transportation Market in North America industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Product Type
10 Market Segmentation by Vehicle Type
11 Market Segmentation by Service Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the road freight transportation market in north america: ArcBest Corp., C H Robinson Worldwide Inc., CMA CGM Group, Estes Express Lines, FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., Landstar System Inc., NFI Industries Inc., Old Dominion Freight Line Inc., Penske Corp., R L Carriers Inc., Ryder System Inc., Schneider National Inc., TransForce Inc., United Parcel Service Inc., Werner Enterprises Inc., XPO Inc., and YRC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of blockchain in road transportation industry."
According to the report, one of the major drivers for this market is the need to increase operational efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ArcBest Corp.
- C H Robinson Worldwide Inc.
- CMA CGM Group
- Estes Express Lines
- FedEx Corp.
- Hub Group Inc.
- J B Hunt Transport Services Inc.
- Knight Swift Transportation Holdings Inc.
- Landstar System Inc.
- NFI Industries Inc.
- Old Dominion Freight Line Inc.
- Penske Corp.
- R L Carriers Inc.
- Ryder System Inc.
- Schneider National Inc.
- TransForce Inc.
- United Parcel Service Inc.
- Werner Enterprises Inc.
- XPO Inc.
- YRC
