General Freight Trucking Market Report 2025

The general freight trucking market size has grown strongly in recent years. It will grow from $1.07 trillion in 2024 to $1.18 trillion in 2025 at a compound annual growth rate (CAGR) of 10%. The growth in the historic period can be attributed to increase in oil and gas exports, increasing government support, and growth in the healthcare industry.

The general freight trucking market size is expected to see strong growth in the next few years. It will grow to $1.66 trillion in 2029 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to growing e-commerce sales, rising demand for food products, rising demand for raw materials from the manufacturing industries and rising urbanization. Major trends in the forecast period include truck platooning for efficient and economical operations, use of artificial intelligence (AI) in trucks, IoT (internet of things) in trucks, fleet management software, and strategic partnerships and collaborations.

The growing trend of urbanization is expected to boost the general freight trucking market in the coming years. Urbanization is influenced by factors such as economic opportunities, industrialization, improved access to education and healthcare, and enhanced infrastructure in urban settings. It involves a rising concentration of populations in cities and towns, accompanied by various social, economic, and infrastructural transformations. As urbanization accelerates, the demand for general freight trucking rises due to the need for efficient transportation of goods to and within expanding urban areas. For example, in January 2022, the United States Department of Commerce reported that the population of the US reached 332,403,650 in 2022, reflecting a 0.21% increase from 2021. Consequently, the increasing urbanization is propelling the growth of the general freight trucking market moving forward.

The growth of the general freight trucking market is anticipated with the expansion of the E-commerce industry. E-commerce involves the online trading of products, services, money, and data. In this context, general freight trucking plays a crucial role in facilitating the transportation of a diverse range of goods, from manufacturers to fulfillment centers and from fulfillment centers to consumers. Notably, in August 2023, the United States Census Bureau reported a 6.6% increase in retail e-commerce sales, reaching $269.5 billion in Q2 2023. As a result, the expansion of the E-commerce industry contributes to the growth of the general freight trucking market.

Leading companies in the general freight trucking market are forming partnerships to establish collaborative relationships where two or more organizations oversee general freight trucking services. A business partnership is a formal agreement between multiple parties to manage and operate a business while sharing profits and liabilities. For example, in March 2023, Uber Freight, a US-based company that facilitates freight and delivery management, partnered with WattEV. This collaboration allows WattEV to offer its electric trucks to Uber Freight shippers, promoting sustainable and efficient freight transportation. Additionally, CHEP, a company specializing in supply chain solutions, is a strategic partner in this initiative. WattEV is a US-based provider of electric trucks as a service. Furthermore, in May 2022, Aurora Innovation Inc., a US-based self-driving vehicle technology company, expanded its autonomous freight pilot program through a partnership with FedEx Corporation. This collaboration aims to enhance Aurora's operational capabilities in response to the rising demand for efficient freight transportation. It is part of a broader strategy to incorporate autonomous technology into logistics, focusing on improving safety, efficiency, and reliability within the trucking industry. FedEx Corporation is a US-based transport company that offers freight shipping services using trucks.

Major companies operating in the general freight trucking market include United Parcel Service, Inc, Deutsche Post AG, FedEx Corporation, C.H. Robinson Worldwide, Inc, J.B. Hunt Transport Services, XPO Logistics, Inc., Ceva Logistics AG, Landstar System, Inc, A.P. Moller - Maersk, Standard Vulcanizers, Freight Mart Logistics, Prime Transport Corporation, OM Logsitcs Limited, Wellfield Services Limitada, Doyun Logistics Co., Ltd., GKR Transport, Australian Container Freight Services, Jiangsu Kunyue Logistics Co Ltd, Kunshan Yunda Express Co Ltd, Changsha Sitong Moving Transport Co Ltd, Ningbo Jinxing Logistics Co Ltd, Simco Trans GmbH, Shanghai Ruiqiang Logistics Co Ltd, Sichuan Wangcang County Transport Co Ltd, Beijing Keyun Logistics Co Ltd, TNT Expressare, InstaFreight GmbH, Haberling, Smart Move Facilities Services Inc, Kahmen TransCargo GmbH, House of Logistics and Mobility, AW Transport & Logistics GmbH, Livchem Logistics GmbH, DHL Express, Transportes Della Volpe Sa Comercio E Industria, Spice Logistics Private Limited, Pavages J.M. Beaulieu Inc, Les, Spares, 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., Harper Investments, Inc., Pemex Logística, E.P.S., Frialsa Frigoríficos, S.A. de C.V., Bravo Servicos Logisticos Ltda, Ic Transportes Ltda, Tri Star Transport, Transportes Transvidal Ltda, Liderbras Logistica E Transportes Ltda, Xiamen C&D, Oilmar Shipping and Chartering DMCC, UB Freight Australia Pty LTD, International Marine & Energy DMCC, Bin Jaraa General Transporting, Contracting & General Maintenance Company, Tianjin Jinshi Wukuang International Logistics Co Ltd, Reinhardt Transport (Pty) Ltd, The National Coal Supply Corporation LTD, Alpha Omega International Trading Cc, Autocarrier Transport, Fpt Group (Pty) Ltd, Super Group Freight, Atteridgeville Bus Service (Pty) Ltd.

Asia-Pacific was the largest region in the general freight trucking market in 2024. North America was the second largest region in the general freight trucking market. The regions covered in the general freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the general freight trucking market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The general freight trucking market includes revenues earned by entities by providing transportation services for the movement of goods over long distances. 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).

General freight trucking involves providing transportation services for a diverse range of commodities, typically palletized and transported in container or van trailers. Businesses within the general freight trucking industry perform various network activities, including local pickup, local sorting, terminal operations, line hauling, destination sorting and terminal operations, and local delivery.

The primary categories in the general freight trucking market comprise local general freight trucking and long-distance general freight trucking. Local general freight trucking is responsible for transporting a wide array of commodities, typically palletized and carried in container or van trailers. The market is further categorized by size, encompassing heavy trucks, medium trucks, and light trucks. Additionally, it is segmented by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and other sectors.

The general freight trucking market research report is one of a series of new reports that provides general freight trucking market statistics, including general freight trucking industry global market size, regional shares, competitors with a general freight trucking market share, detailed general freight trucking market segments, market trends and opportunities, and any further data you may need to thrive in the general freight trucking industry. This 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 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.

This product will be delivered within 3-5 business days.