This Cross-Border Road Transport industry report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The cross-border road transport market size has grown strongly in recent years. It will grow from $223.85 billion in 2023 to $238.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historical period can be attributed to several factors such as increasing international trade agreements that have boosted the demand for cross-border transport, growing economic development in emerging markets that has driven the need for improved road logistics, rising consumer demand for quicker delivery times which has led to the expansion of road transport networks, the expanding e-commerce sector contributing to higher volumes of cross-border shipments, and increased investment in infrastructure development that has enhanced road connectivity across borders.
The cross-border road transport market size is expected to see strong growth in the next few years. It will grow to $305.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The projected growth during the forecast period is driven by several factors, including advancements in digitalization and logistics technologies that enhance efficiency and tracking. The increasing focus on sustainability and green logistics is encouraging the adoption of eco-friendly transport solutions. The growing use of artificial intelligence and machine learning for route optimization and predictive maintenance is also contributing to this growth. Investments in smart transportation infrastructure are facilitating smoother cross-border operations, while the expansion of autonomous vehicle technologies is improving safety and efficiency in cross-border road transport.
The expanding e-commerce sector is projected to drive growth in the cross-border road transport market. E-commerce, which involves the buying and selling of goods and services online via digital platforms, is growing due to increasing consumer preference for the convenience of online shopping and advancements in digital technology. Efficient cross-border road transport is crucial for e-commerce, ensuring timely delivery of goods across international borders, enhancing supply chain operations, and providing faster, more reliable customer service. For example, the Office for National Statistics (ONS) reported in April 2024 that internet sales as a percentage of total retail sales in the UK rose to 30.7% in 2021 from 28.1% in 2020. Thus, the growing e-commerce sector is fueling the expansion of the cross-border road transport market.
Key players in the cross-border road transport market are focusing on zero-emission logistics to gain a competitive edge. Zero-emission logistics involves transporting goods using vehicles and technologies that produce no direct emissions, such as electric or hydrogen-powered trucks. This approach aims to reduce environmental impact and carbon footprints in supply chains. For instance, in July 2024, Scan Global Logistics A/S, a Denmark-based logistics company, launched an electric cross-border truck service between Malaysia and Singapore. These trucks offer a range of up to 200 kilometers per charge and can carry up to 12 tons of cargo, providing an eco-friendly alternative to traditional diesel-powered trucks. Additionally, the electric trucks feature advanced technology for real-time tracking and predictive maintenance, enhancing operational efficiency.
In April 2024, DASHSER, a Germany-based freight company, acquired Brummer Logistik GmbH in Germany and Brummer Logistic Solutions GmbH & Co KG in Austria for an undisclosed amount. This acquisition aims to strengthen DASHSER’s network for transporting and storing temperature-controlled food in Germany, Austria, and neighboring countries, while improving service quality and reliability through synergies and the expertise of Brummer's existing management team. Brummer Logistik GmbH is a Germany-based logistics company, and Brummer Logistic Solutions GmbH & Co KG is an Austria-based provider of cross-border transport, warehousing, and contract logistics services.
Major companies operating in the cross-border road transport market are United Parcel Service Inc., Deutsche Post DHL Group, FedEx Corporation, Deutsche Bahn AG, Kuehne + Nagel International AG, DSV A/S, C.H. Robinson Worldwide Inc., Expeditors International of Washington Inc., Nippon Express Co. Ltd., Sinotrans Limited, Geodis, J.B. Hunt Transport Services Inc., Ryder System Inc., Kerry Logistics Network Limited, Dachser Group SE & Co. KG, XPO Logistics Inc., Toll Group, YRC Worldwide Inc., ArcBest Corporation, Hellmann Worldwide Logistics SE & Co. KG, Mainfreight Limited, Agility Public Warehousing Company K.S.C.P., Bolloré Logistics, CEVA Logistics AG, Rhenus Logistics.
North America was the largest region in the cross-border road transport market in 2023. The regions covered in the cross-border road transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cross-border road transport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cross-border road transport involves the movement of goods or passengers by road vehicles across international borders. This process requires navigating different regulations, customs procedures, and infrastructure variations between countries. It plays a vital role in international trade and economic integration, facilitating the exchange of products and services between nations.
The primary modes of cross-border road transport are freight transport and passenger transport. Freight transport encompasses the movement of goods across borders using trucks and commercial vehicles. The types of cargo can include perishable goods, non-perishable goods, and specialized items. Various end-users such as manufacturing, retail and e-commerce, automotive, agriculture, pharmaceuticals and healthcare, oil and gas, defense and military logistics, individuals, and others utilize these transport services.
The cross-border road transport market research report is one of a series of new reports that provides cross-border road transport market statistics, including cross-border road transport industry global market size, regional shares, competitors with an cross-border road transport market share, detailed cross-border road transport market segments, market trends, and opportunities, and any further data you may need to thrive in the cross-border road transport industry. This cross-border road transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cross-border road transport market includes revenues earned by entities by providing services such as freight forwarding, cargo transportation, logistics management, customs brokerage, warehousing, and distribution. 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.
This product will be delivered within 3-5 business days.
The cross-border road transport market size has grown strongly in recent years. It will grow from $223.85 billion in 2023 to $238.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historical period can be attributed to several factors such as increasing international trade agreements that have boosted the demand for cross-border transport, growing economic development in emerging markets that has driven the need for improved road logistics, rising consumer demand for quicker delivery times which has led to the expansion of road transport networks, the expanding e-commerce sector contributing to higher volumes of cross-border shipments, and increased investment in infrastructure development that has enhanced road connectivity across borders.
The cross-border road transport market size is expected to see strong growth in the next few years. It will grow to $305.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The projected growth during the forecast period is driven by several factors, including advancements in digitalization and logistics technologies that enhance efficiency and tracking. The increasing focus on sustainability and green logistics is encouraging the adoption of eco-friendly transport solutions. The growing use of artificial intelligence and machine learning for route optimization and predictive maintenance is also contributing to this growth. Investments in smart transportation infrastructure are facilitating smoother cross-border operations, while the expansion of autonomous vehicle technologies is improving safety and efficiency in cross-border road transport.
The expanding e-commerce sector is projected to drive growth in the cross-border road transport market. E-commerce, which involves the buying and selling of goods and services online via digital platforms, is growing due to increasing consumer preference for the convenience of online shopping and advancements in digital technology. Efficient cross-border road transport is crucial for e-commerce, ensuring timely delivery of goods across international borders, enhancing supply chain operations, and providing faster, more reliable customer service. For example, the Office for National Statistics (ONS) reported in April 2024 that internet sales as a percentage of total retail sales in the UK rose to 30.7% in 2021 from 28.1% in 2020. Thus, the growing e-commerce sector is fueling the expansion of the cross-border road transport market.
Key players in the cross-border road transport market are focusing on zero-emission logistics to gain a competitive edge. Zero-emission logistics involves transporting goods using vehicles and technologies that produce no direct emissions, such as electric or hydrogen-powered trucks. This approach aims to reduce environmental impact and carbon footprints in supply chains. For instance, in July 2024, Scan Global Logistics A/S, a Denmark-based logistics company, launched an electric cross-border truck service between Malaysia and Singapore. These trucks offer a range of up to 200 kilometers per charge and can carry up to 12 tons of cargo, providing an eco-friendly alternative to traditional diesel-powered trucks. Additionally, the electric trucks feature advanced technology for real-time tracking and predictive maintenance, enhancing operational efficiency.
In April 2024, DASHSER, a Germany-based freight company, acquired Brummer Logistik GmbH in Germany and Brummer Logistic Solutions GmbH & Co KG in Austria for an undisclosed amount. This acquisition aims to strengthen DASHSER’s network for transporting and storing temperature-controlled food in Germany, Austria, and neighboring countries, while improving service quality and reliability through synergies and the expertise of Brummer's existing management team. Brummer Logistik GmbH is a Germany-based logistics company, and Brummer Logistic Solutions GmbH & Co KG is an Austria-based provider of cross-border transport, warehousing, and contract logistics services.
Major companies operating in the cross-border road transport market are United Parcel Service Inc., Deutsche Post DHL Group, FedEx Corporation, Deutsche Bahn AG, Kuehne + Nagel International AG, DSV A/S, C.H. Robinson Worldwide Inc., Expeditors International of Washington Inc., Nippon Express Co. Ltd., Sinotrans Limited, Geodis, J.B. Hunt Transport Services Inc., Ryder System Inc., Kerry Logistics Network Limited, Dachser Group SE & Co. KG, XPO Logistics Inc., Toll Group, YRC Worldwide Inc., ArcBest Corporation, Hellmann Worldwide Logistics SE & Co. KG, Mainfreight Limited, Agility Public Warehousing Company K.S.C.P., Bolloré Logistics, CEVA Logistics AG, Rhenus Logistics.
North America was the largest region in the cross-border road transport market in 2023. The regions covered in the cross-border road transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cross-border road transport market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Cross-border road transport involves the movement of goods or passengers by road vehicles across international borders. This process requires navigating different regulations, customs procedures, and infrastructure variations between countries. It plays a vital role in international trade and economic integration, facilitating the exchange of products and services between nations.
The primary modes of cross-border road transport are freight transport and passenger transport. Freight transport encompasses the movement of goods across borders using trucks and commercial vehicles. The types of cargo can include perishable goods, non-perishable goods, and specialized items. Various end-users such as manufacturing, retail and e-commerce, automotive, agriculture, pharmaceuticals and healthcare, oil and gas, defense and military logistics, individuals, and others utilize these transport services.
The cross-border road transport market research report is one of a series of new reports that provides cross-border road transport market statistics, including cross-border road transport industry global market size, regional shares, competitors with an cross-border road transport market share, detailed cross-border road transport market segments, market trends, and opportunities, and any further data you may need to thrive in the cross-border road transport industry. This cross-border road transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cross-border road transport market includes revenues earned by entities by providing services such as freight forwarding, cargo transportation, logistics management, customs brokerage, warehousing, and distribution. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Cross-Border Road Transport Market Characteristics3. Cross-Border Road Transport Market Trends and Strategies32. Global Cross-Border Road Transport Market Competitive Benchmarking33. Global Cross-Border Road Transport Market Competitive Dashboard34. Key Mergers and Acquisitions in The Cross-Border Road Transport Market
4. Cross-Border Road Transport Market - Macro Economic Scenario
5. Global Cross-Border Road Transport Market Size and Growth
6. Cross-Border Road Transport Market Segmentation
7. Cross-Border Road Transport Market Regional and Country Analysis
8. Asia-Pacific Cross-Border Road Transport Market
9. China Cross-Border Road Transport Market
10. India Cross-Border Road Transport Market
11. Japan Cross-Border Road Transport Market
12. Australia Cross-Border Road Transport Market
13. Indonesia Cross-Border Road Transport Market
14. South Korea Cross-Border Road Transport Market
15. Western Europe Cross-Border Road Transport Market
16. UK Cross-Border Road Transport Market
17. Germany Cross-Border Road Transport Market
18. France Cross-Border Road Transport Market
19. Italy Cross-Border Road Transport Market
20. Spain Cross-Border Road Transport Market
21. Eastern Europe Cross-Border Road Transport Market
22. Russia Cross-Border Road Transport Market
23. North America Cross-Border Road Transport Market
24. USA Cross-Border Road Transport Market
25. Canada Cross-Border Road Transport Market
26. South America Cross-Border Road Transport Market
27. Brazil Cross-Border Road Transport Market
28. Middle East Cross-Border Road Transport Market
29. Africa Cross-Border Road Transport Market
30. Cross-Border Road Transport Market Competitive Landscape and Company Profiles
31. Cross-Border Road Transport Market Other Major and Innovative Companies
35. Cross-Border Road Transport Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Cross-Border Road Transport Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on cross-border road transport market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for cross-border road transport? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cross-border road transport market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Transportation Mode: Freight Transport; Passenger Transport2) By Cargo Type: Perishable Goods; Non-Perishable Goods; Specialized Cargo
3) By End-user: Manufacturing; Retail and E-commerce; Automotive; Agriculture; Pharmaceuticals and Healthcare; Oil and Gas; Defense and Military Logistics; Individual; Other End-Users
Key Companies Mentioned: United Parcel Service Inc.; Deutsche Post DHL Group; FedEx Corporation; Deutsche Bahn AG; Kuehne + Nagel International AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- United Parcel Service Inc.
- Deutsche Post DHL Group
- FedEx Corporation
- Deutsche Bahn AG
- Kuehne + Nagel International AG
- DSV A/S
- C.H. Robinson Worldwide Inc.
- Expeditors International of Washington Inc.
- Nippon Express Co. Ltd.
- Sinotrans Limited
- Geodis
- J.B. Hunt Transport Services Inc.
- Ryder System Inc.
- Kerry Logistics Network Limited
- Dachser Group SE & Co. KG
- XPO Logistics Inc.
- Toll Group
- YRC Worldwide Inc.
- ArcBest Corporation
- Hellmann Worldwide Logistics SE & Co. KG
- Mainfreight Limited
- Agility Public Warehousing Company K.S.C.P.
- Bolloré Logistics
- CEVA Logistics AG
- Rhenus Logistics
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 238.03 Billion |
Forecasted Market Value ( USD | $ 305.53 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |