The Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Wholesale and Retail Trade, and More), by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services), and Geography (North America, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

The United States Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others) and by Logistics Function (Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).

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Freight Logistics Market Size 2024-2028

The freight logistics market size is forecast to increase by USD 359.2 billion at a CAGR of 6% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing outsourcing of logistics operations and the rising preference for multimodal transportation. The water transport sector, including canals, lakes, and coastal waters, is gaining popularity due to its cost-effectiveness and environmental sustainability. This shift is also benefiting the transportation of goods like medical supplies, where reliable and cost-efficient logistics are crucial. However, high infrastructure costs remain a challenge for market expansion. As demand for multimodal solutions grows, integrating various transport modes, including water transport, becomes increasingly important for improving supply chain efficiency and meeting the needs of industries such as healthcare and pharmaceuticals. To stay competitive, logistics companies must adapt to these trends and overcome infrastructure costs through innovative solutions and partnerships. Water transport offers a promising alternative, with the potential to reduce reliance on roadways and contribute to a more sustainable logistics network.

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The market is witnessing significant advancements driven by the increasing demand for efficient and cost-effective transportation of goods. This market caters to various industries such as mining, quarrying, agriculture, food, textiles, raw materials, and others. Customer preference for faster delivery times and improved supply chain transparency is leading to the adoption of advanced logistics services. The integration of technology, particularly in the areas of digitization and automation, is transforming the freight logistics landscape. Augmented reality (AR) and artificial intelligence (AI) are two emerging technologies that are revolutionizing the freight logistics sector. AR is being used to enhance the warehouse picking process, enabling faster and more accurate order fulfillment. On the other hand, AI is being employed for predictive maintenance of transportation equipment, optimizing freight routes, and improving inventory management. The rise of online retail networks is also fueling the growth of the market. E-commerce giants require efficient and reliable logistics solutions to meet their customers' demands for quick and convenient delivery.

Further, green logistics solutions are gaining popularity as well, with companies focusing on reducing their carbon footprint and adopting sustainable practices. Freight forwarding and warehousing continue to be key components of the market. Freight forwarders help businesses manage their international and domestic shipments, while warehousing solutions provide storage and distribution services. The integration of technology in these areas is enabling real-time tracking and monitoring of inventory and shipments, leading to improved efficiency and accuracy. In conclusion, the market in North America is undergoing significant changes, driven by customer preferences, technological advancements, and the growing importance of sustainability. The adoption of AR and AI, the rise of e-commerce, and the focus on green logistics solutions are some of the key trends shaping the market. Companies in this sector must stay abreast of these developments to remain competitive and meet the evolving needs of their customers.

Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Road
  Maritime
  Rail
  Air


End-user

  Manufacturing
  Automotive
  Consumer goods
  Food and beverage
  Others


Geography

  APAC

    China
    Japan


  North America

    US


  Europe

    Germany
    France


  Middle East and Africa



  South America

By Type Insights

The road segment is estimated to witness significant growth during the forecast period. In the market, the road segment holds the largest share and is expected to maintain its dominance throughout the forecast period. Freight transportation refers to the paid process of moving goods, cargo, and other commodities from one place to another using wheeled vehicles. The freight transportation industry in Indonesia consists of three primary modes: air freight, sea freight, and road freight. Road freight transport is primarily driven by industries such as construction, textiles and apparel, machinery and equipment, electrical items, non-containerized commodities, electronics, and automobiles. The increasing demand for trucking services can be attributed to the expansion of road freight and international freight transportation

The United Kingdom Freight and Logistics Market Report is Segmented by End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and Others) and by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services). The Market Forecasts are Provided in Terms of Value (USD).

U.S. Freight And Logistics Market valued USD 1405.5 Billion in 2024 and is projected to surpass 1930.7 Billion through 2032

The global freight & logistics market is booming, with a 5.98% CAGR. Explore key drivers, trends, and challenges shaping this dynamic industry, including e-commerce growth, technological advancements, and regional market shares. Discover insights into top players like DHL, FedEx, and Maersk. Recent developments include: March 2024: Aramex had strengthened its presence in Saudi Arabia with the inauguration of a new regional office in Riyadh, to significantly enhance Aramex's capabilities to serve new and existing businesses across the region and also to boost the Kingdom's logistics infrastructure and to contribute to the Vision 2030 goal of establishing Saudi Arabia as a global logistics hub.March 2024: Aramex had introduced a fleet of fully electric motorcycles to its last-mile delivery vehicles in the United Arab Emirates (UAE). This initiative is part of Aramex’s long-term strategic goal to achieve a total fleet of 98% Electric Vehicles (EVs) by 2030, aligned with Science Based Targets initiative (SBTi) target that Aramex is committed to. The e-bikes were introduced after intensive testing of several different models and manufacturers, and Aramex finalized the selected model based on its enduring performance and stability, particularly in local weather conditions.February 2024: C.H. Robinson has developed a new technology that creates a major efficiency in freight shipping: removing the work of scheduling an appointment at the place where a load needs to be picked up and scheduling another appointment where the load needs to be delivered. The technology also uses artificial intelligence to determine the optimal appointment, based on transit-time data from C.H. Robinson’s millions of shipments across 300,000 shipping lanes.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The North America Freight and Logistics Market Report is Segmented by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, Warehousing and Storage, and Other Services), End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Wholesale and Retail Trade, and More), and Geography (United States, Canada, and More). The Market Forecasts are Provided in Terms of Value (USD).

The Middle East and Africa freight and logistics market is projected to expand at a CAGR of 6.36% from 2025 to 2033, reaching a value of over $163.57 billion by 2033. This growth is primarily driven by the region's expanding population, urbanization, and increasing trade activities, particularly in sectors such as manufacturing, automotive, and oil and gas. Key trends in the Middle East and Africa freight and logistics market include the growing adoption of digital technologies, such as blockchain and IoT, to improve supply chain visibility and efficiency. The expansion of e-commerce has also led to a surge in demand for last-mile delivery and warehousing services. Furthermore, government initiatives to develop regional infrastructure and logistics hubs are fostering market growth, attracting investments from both local and international logistics providers. Leading players in the market include United Parcel Service Inc, DHL, Gulf Agency Company (GAC), Ceva Logistics, and FedEx. Recent developments include: May 2023: Saudi Logistics Services (SAL) and Lufthansa Technik Logistik Services (LTLS) have signed an initial Memorandum of Understanding (MoU) to collaborate on the logistics activities of LTLS within Saudi Arabia. Under this MoU, SAL will provide freight forwarding, transportation, and customs brokerage services to support LTLS' maintenance logistics operations for their key customers around Saudi Arabia. As a result, LTLS would subsequently strengthen its logistics services coverage within Saudi Arabia., April 2023: Saudi Arabia's Almajdouie Logistics expanded its fleet size by adding 30 new Hyundai Xcient trucks. The engine produces 440 horsepower, making the Hyundai Xcient one of the most powerful heavy-duty trucks globally.. Key drivers for this market are: Rise In E-commerce Growth in The Region, Development of Logistic Infrastructure. Potential restraints include: Poor Infrastruture. Notable trends are: Development of freight transport segment.

The Freight Logistics Market size is expected to reach a valuation of USD 9,945.3 million in 2033 growing at a CAGR of 5.5%. The Freight Logistics market research report classifies market by share, trend, demand, forecast and based on segmentation.

The Philippines freight and logistics market reached around USD 19.16 Billion in 2024. The market is projected to grow at a CAGR of 8.10% between 2025 and 2034 to reach nearly USD 41.75 Billion by 2034.

The global freight and logistics market is projected to reach a staggering USD 15 trillion by 2033, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033.

Brazil Freight And Logistics Market size was valued at USD 105.5 Billion in 2024 and is projected to reach USD 140.7 Billion by 2032, growing at a CAGR of 4.92% from 2026 to 2032.

Brazil Freight And Logistics Market Dynamics

The key market dynamics that are shaping the Brazil freight and logistics market include:

Key Market Drivers

Economic Growth and Trade Expansion: Brazil's consistent economic growth, notably in exports is driving the freight and logistics market. Brazil is one of Latin America's major economies with strong agricultural, automotive, and manufacturing industries that rely largely on efficient logistics for internal and international trade. The expansion of trade agreements and economic ties, notably those with neighboring South American countries and global markets, drives up demand for transportation and logistics services.

Infrastructure Development and Investments: Continuous investment in Brazil's logistics infrastructure is a key market driver.

The global logistics market size was valued at USD 11.26 Trillion in 2024. The industry is expected to grow at a CAGR of 6.30% during the forecast period of 2025-2034 to reach a valuation of USD 20.74 Trillion by 2034.

The global logistics market is a backbone of international trade and commerce, facilitating the movement of goods across countries and continents. Its significance lies in enabling supply chain efficiency, reducing delivery times, and lowering operational costs for businesses. As per the data by World Trade Organization (WTO), global merchandise trade volume grew 2.6% in 2024 and is expected to grow 3.3% in 2025. With globalisation and e-commerce growth, logistics has become essential for meeting consumer expectations of fast, reliable, and cost-effective delivery. This sector supports multiple industries, from manufacturing to retail, and directly influences economic development and competitiveness worldwide.

Additionally, investments in roads, railways, aviation, shipping, and inland waterways play a crucial role in boosting the demand of logistics market. In May 2025, in Africa, Ivory Coast's port operator is investing over €60 million to develop inland logistics hubs in regions like Ferkessedougou, Bouaké, and San Pedro. This initiative seeks to decentralize logistics operations, alleviate congestion at the Abidjan port, and strengthen the country's role as a regional transport hub for landlocked nations.

Governments all throughout the world are starting to impose emission limits, carbon taxes, and incentives for the adoption of environmentally friendly technologies. The Carbon Border Adjustment Mechanism (CBAM), which levies a carbon tax on imported commodities based on their carbon intensity, was put into place by the European Union in 2023. Other factors that are predicted to positively influence the logistics market revenue include constant technological advancements, the integration of biometrics, increasing international trade agreements, Bluetooth, driverless vehicle, GPS, and drone delivery.

The Europe Freight and Logistics Market Report Segments the Industry Into End User Industry (Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, and More), by Logistics Function (Courier, Express, and Parcel, Freight Forwarding, Freight Transport, and More), and Country (Denmark, Finland, and More). The Market Forecasts are Provided in Terms of Value (USD).

[225+ Pages Report] The global logistics market size is expected to grow from USD 4.09 billion in 2022 to USD 12.09 billion by 2030, at a CAGR of 17.1% from 2023-2030

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E-Freight And Logistics Market Size 2024-2028

The e-freight and logistics market size of the market is forecast to increase by USD 29.64 billion, at a CAGR of 16.87% between 2023 and 2028. The E-Freight and Logistics Market is experiencing significant growth due to various factors. Primarily, businesses seek to save both time and money through the use of advanced freight management systems offered by vendors. These systems enable efficient and streamlined logistics processes, reducing the need for manual intervention and minimizing errors. Furthermore, data quality and extensive automation are crucial elements driving market expansion. By leveraging real-time data and automating repetitive tasks, businesses can make informed decisions, optimize their supply chains, and enhance overall operational efficiency.

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Market Dynamics

In the realm of modern transportation and logistics, road cars, large boats, and airplanes play crucial roles in global commerce. To enhance efficiency, companies are adopting value-added services and integrated logistics solutions, leveraging global logistics infrastructure and exploring IT potentials such as IoT and artificial intelligence. The evolution towards sustainability is evident with innovations like ZETs (zero-emission trucks) and smart freight logistics systems aimed at reducing fuel costs, labor costs, and maintenance costs. These advancements support initiatives like the Global Sea-to-Air Logistics Hub, optimizing last-mile delivery and enhancing connectivity with e-commerce platforms. As industries embrace Internet of Things (IoT) for smart freight logistics systems, they aim to streamline operations and reduce environmental impact. The integration of AI in logistics promises greater efficiency and predictive capabilities, ensuring seamless operations across global supply chains.

Key Market Driver

The need to save time and money for businesses is notably driving the market. E-freight offers significant time savings as an advantage to the logistics industry, which is also a driving factor in the markets. It can help speed up the process of delivering goods. In addition, E-freight helps reduce the cost of shipping goods and eliminates the need for paperwork and labor-intensive manual procedures.

Moreover, visibility and tracking of shipments can be improved with e-freight, which can be very useful for businesses that depend on the timely delivery of goods. The company benefits from electronic charging by saving time and money, improving communication and visibility, increasing supply chain efficiency, promoting sustainability, improving customer service, helping the company comply with regulations, and securing the future of the company. Hence, such factors will drive market growth during the forecast period.

Significant Market Trend

Service providers utilizing the potential of IT is an emerging trend in the market. Adopting effective information technology has been an important trend in the global market. As a result of the continuous price reduction and the growth of IT potential among the stakeholders in the transport and logistics sector, the industry was encouraged to use more advanced technology.

Moreover, the willingness to incorporate real-time technology that provides updates on the location and status of trucks and cargo into the system to customers and businesses across modes of transportation major companies like FedEx and UPS (United Parcel Service) increased the use of information technology. Such factors will boost market growth during the forecast period.

Major Market Challenge

High infrastructure costs are major challenges impeding market growth. Freight transport by intermodal transport requires large investments in infrastructure. Investments include the installation of optimal electronic equipment, gantry cranes, and other heavy cranes needed to lift containers at various ports while changing the mode of transportation. For example, every time a cargo container arrives at the port, it must be transferred to either a pallet, wagon, or truck.

In addition, investments are needed to acquire rail and road connections. For example, a port should have a railway so that the railway can transport goods to and from the port. Road networks are also essential for trucks to reach ports easily. These investments are often delayed and time-consuming, which weakens the demand for freight logistics. Thus, the growth market is expected to be hampered by such factors during the forecast period

Key E-Freight And Logistics Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also i

The size of the United States Freight and Logistics Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.98% during the forecast period. Recent developments include: February 2024: C.H. Robinson has developed a new technology that creates a major efficiency in freight shipping: removing the work of scheduling an appointment at the place where a load needs to be picked up and scheduling another appointment where the load needs to be delivered. The technology also uses artificial intelligence to determine the optimal appointment, based on transit-time data from C.H. Robinson’s millions of shipments across 300,000 shipping lanes.January 2024: Kuehne + Nagel has announced its Book & Claim insetting solution for electric vehicles, to improve its decarbonization solutions. Developing Book & Claim insetting solutions for road freight was a strategic priority for Kuehne + Nagel. Customers who use Kuehne + Nagel's road transport services can now claim the carbon reductions of electric trucks when it is not possible to physically move their goods on these vehicles.November 2023: DB Schenker, in partnership with American Airlines Cargo, announces an advancement in airfreight operations. The introduction of an API (Application Programming Interface) connection, introduced on November 14th, 2023, marks the next step in digitalizing and streamlining airfreight booking processes.. Key drivers for this market are: Growing trade relations, Increased demand for perishable goods. Potential restraints include: Cargo theft, High cost of maintainig. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The past five years have brought pronounced volatility and measured growth to the US Freight Packing and Logistics Services industry. Global economic events, trade policy shifts and evolving consumer behavior have reshaped the operating environment. One of the most significant drivers has been the shift toward e-commerce and digital retail that accelerated during the current period, generating sustained demand for specialized packing and logistics services even during periods of manufacturing contraction and market uncertainty. At the same time, in 2025 companies have contended with reduced industrial output, high inventory levels driven by tariff uncertainty and marked swings in freight rates. Despite these headwinds, profit is projected to have improved from a 6.5% share of industry revenue in 2020 to 7.7% in 2025, helped by strategic consolidation and effective cost management. The industry also grew at an estimated rate of 0.6% in the last five years, with revenue set to rise 2.9% to $4.0 billion in 2025. The competitive environment for this industry has undergone a transformation due to rising borrowing costs during the period, ongoing technological advancement and heightened consolidation. Federal Reserve interest rate hikes to combat pandemic-induced inflation between 2022 and 2024 raised the cost of capital and made automation projects more expensive, placing greater emphasis on labor expansion and workforce efficiency. These conditions initially constrained profit as labor costs rose, but the industry-wide consolidation allowed larger logistics providers to broaden their client base, streamline operations and reinforce pricing power. Larger, well-insulated freight packing companies have invested in digital platforms and warehouse robotics, gradually reaping benefits to cost structure and service quality. These providers have improved profit, despite subdued revenue growth in the wider industry. The outlook for the Freight Packing and Logistics Services industry remains positive, as US monetary policy has begun to ease in the second half of 2025. Anticipated rebounds in consumer spending, industrial production and trade activity will prompt renewed growth in core and specialized logistics services. Technological innovations, ranging from AI-driven management systems to new e-freight standards, will enable productivity gains and new market opportunities. However, innovation may also spur some clients to bring logistics functions in-house. Intense competition and ongoing consolidation will continue to define the logistics sector, as established logistics providers seek to expand service portfolios and access emerging markets through acquisition. Over the next five years, industry revenue is forecast to expand at a CAGR of 2.8%, reaching an estimated $4.5 billion by 2030; while industry-wide profit is expected to rise to 8.3% of revenue.

Check Market Research Intellect's Freight Logistics Market Report, pegged at USD 2020 billion in 2024 and projected to reach USD 3000 billion by 2033, advancing with a CAGR of 5.5% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

In 2023, the global logistics industry continued to recover from the COVID-19 pandemic hit with a market size of approximately **** trillion U.S dollars. By 2028, the logistics industry scale is projected to exceed ***** trillion U.S dollars.