In 2020, the U.S. public transportation industry employed just under 414,500 people to fulfil basic civil transportation in cities or towns. Since 2018, the number of people employed in this industry in the U.S. has experienced a plateau. In the aftermath of the coronavirus (COVID-19) pandemic, the industry implemented many layoffs.

The North America Road Freight Transport 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, Others), Destination (Domestic, International), Truckload Specification (Full-Truck-Load (FTL), Less than-Truck-Load (LTL)), and Containerization (Containerized, Non-Containerized).

The T-100 Domestic Market and Segment Data dataset was downloaded on April 08, 2025 from the Bureau of Transportation Statistics (BTS) and is part of the U.S. Department of Transportation (USDOT)/Bureau of Transportation Statistics (BTS) National Transportation Atlas Database (NTAD). The database includes data obtained from a 100 percent census of BTS Form 41 schedule submissions by large certificated air carriers. It shows 2024 statistics for all domestic airports operated by US carriers, and all information are totals for the year. This dataset is a combination of both T-100 Market and T-100 Segments datasets. The T-100 Market includes enplanement data, and T-100 Segment data includes arrivals, departures, freight, and mail. Data is by origin airport. A data dictionary, or other source of attribute information, is accessible at https://doi.org/10.21949/1529081

Over the past five years, public transportation services have faced significant fluctuations. The COVID-19 pandemic brought unprecedented challenges, severely reducing ridership as lockdowns and business closures curtailed daily commuting. Government intervention played a critical role in maintaining and revitalizing public transit. The Biden administration's Infrastructure Investment and Jobs Act, signed in 2021, earmarked $1.0 trillion for infrastructure and transportation initiatives over the next decade. Increased federal funding in 2023 helped offset previous declines in economic performance, which cut state budgets and pressured public transport. As the economy recovered, higher disposable income led some commuters to choose premium transport options like Uber and Lyft, particularly in cities with ride-sharing restrictions. Revenue has been declining by a CAGR of 2.5% over the past five years, and is expected to decrease by 2.0%, reaching $83.3 billion in 2024. In 2024, public transportation is poised to stabilize. Federal and state initiatives to overhaul safety and environmental standards will stay center stage. Notably, New York City's congestion pricing tax aims to alleviate city congestion by charging drivers fees ranging from $15 to $36, depending on vehicle size. The tax will direct approximately 80% of the generated revenue towards enhancing the NYC subway and bus network. Government investments in hybrid and all-electric buses gain momentum, aligning with broader goals to reduce carbon footprints and improve urban livability. Elevated crime levels in major cities like New York and Philadelphia remain a concern, prompting increased security measures to protect commuters and enhance public confidence in public transit. Consequently, profit for public transportation is expected to remain stagnant. Looking ahead, the public transportation sector will navigate a complex landscape shaped by urbanization, environmental imperatives and economic conditions. Urban populations in major cities are projected to rise, intensifying traffic volumes and making public transportation systems indispensable. Policymakers are expected to continue prioritizing the reduction of carbon emissions by transitioning to low-emission public transport vehicles bolstered by federal investments in renewable energy. As consumers become more financially aware of persistent inflation and high credit card debt, public transportation's affordability may attract budget-conscious riders, further boosting the industry. Industry revenue is set to expand by a CAGR of 2.1% to an estimated $92.5 billion through the end of 2029.

Global Public Transportation Market size was valued at USD 218.19 billion in 2022 and is poised to grow from USD 247.14 billion in 2023 to USD 652.37 billion by 2031, growing at a CAGR of 12.90% during the forecast period (2024-2031).

The global public transportation market size reached USD 261.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 425.9 Billion by 2033, exhibiting a growth rate (CAGR) of 5.57% during 2025-2033. The increasing awareness about climate change, several government initiatives to reduce carbon emissions from the environment, rapid urbanization, cost affordability, convenience and time-efficiency, and technological advancements are some of the major factors propelling the market growth.

IMARC Group provides an analysis of the key trends in each segment of the global public transportation market report, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on the mode type and booking channel.

Transportation Market Outlook 2032

The global Transportation Market size was USD 7.90 Trillion in 2023 and is projected to reach USD 15.90 Trillion by 2032, expanding at a CAGR of 8.10% during 2024–2032. Rapid advancement in autonomous vehicle technology and the significant increase in e-commerce, necessitating enhanced logistics and delivery systems, are fueling the market.



Increasing integration of Internet of Things (IoT) and Artificial Intelligence (AI) technologies is a key trend in the market. These technologies enhance operational efficiency, improve safety, and reduce costs by enabling predictive maintenance, real-time fleet management, and intelligent traffic systems. Governments and private entities are investing heavily in smart infrastructure projects, to optimize traffic flow and public transit.

Rising environmental concerns and technological advancements fuel the demand for electric and autonomous vehicles in the market. Manufacturers are launching vehicles equipped with cutting-edge technologies, supported by government incentives for electric vehicle (EV) adoption and infrastructure development. This trend addresses emissions reduction goals and reshapes urban mobility, making transportation safer and highly efficient.

• In November 2023, Mercedes-Benz HPC North America officially opened its inaugural Mercedes-Benz Charging Hub at the Mercedes-Benz USA headquarters in Sandy Springs, Georgia. By establishing its charging network, Mercedes-Benz is pioneering new benchmarks for rapid, convenient, eco-friendly, and dependable electric vehicle charging. This initiative further aims to boost the adoption of electric vehicles across the US.

Impact of Artificial Intelligence (AI) on Transportation Market

Snapshot img

Intermodal Freight Transportation Market Size 2025-2029

The intermodal freight transportation market size is forecast to increase by USD 69.4 billion, at a CAGR of 7.2% between 2024 and 2029.

Intermodal freight transportation is experiencing significant growth due to the reduction in freight transportation costs offered by intermodal services. This cost advantage is driving businesses towards multimodal transportation, which combines two or more modes of transport, such as rail and trucking, to move goods efficiently and cost-effectively. However, the market faces substantial challenges. Infrastructure costs pose a significant hurdle, as the development and maintenance of intermodal terminals and railways require substantial investments. These expenses can deter potential entrants and limit the market's growth potential.
To capitalize on the cost advantages of intermodal transportation while mitigating infrastructure challenges, companies must explore innovative financing models and collaborate with governments and industry partners to share infrastructure costs and optimize resource utilization. By addressing these challenges, businesses can effectively navigate the market and position themselves for long-term success.

What will be the Size of the Intermodal Freight Transportation Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample

Intermodal freight transportation continues to evolve, with dynamic market trends shaping its landscape. Logistics management seeks to optimize carbon emission reduction through the adoption of fuel-efficient intermodal solutions, such as rail freight. The hub-and-spoke model facilitates the efficient movement of goods, with railways and ports serving as crucial infrastructure components. Container cleaning, cargo insurance, and container repair are essential services ensuring the integrity of intermodal containers. Double-stack railcars and last mile delivery solutions enhance capacity and efficiency, while road infrastructure and container handling equipment facilitate seamless intermodal transfers. Artificial intelligence (AI) and data analytics are transforming intermodal operations, from route optimization and supply chain optimization to intermodal terminal management and container tracking systems.

Intermodal regulations and container security remain paramount, with ongoing advancements in container standardization and capacity management. The intermodal network encompasses a diverse range of container types, including flat racks, dry vans, reefers, tank containers, and open tops. Intermodal regulations, shipping schedules, and freight forwarding services ensure the smooth flow of goods. Road haulage and intermodal terminals are integral components of the intermodal network, with yard management systems and container chassis enabling efficient container movement. Environmental impact and container leasing are increasingly important considerations, with ongoing efforts to reduce carbon emissions and promote sustainable intermodal practices.

Blockchain technology and crane operations further enhance intermodal operations, ensuring transparency and efficiency. Overall, the market remains a dynamic and evolving landscape, with ongoing advancements shaping its future.

How is this Intermodal Freight Transportation Industry segmented?

The intermodal freight transportation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Transportation

  Rail transport
  Road transport
  Sea transport


Product

  Minerals and ores
  Food and farm products
  Equipment and instruments
  Chemicals
  Others


End-user Industry

  Manufacturing
  Oil and Gas
  Consumer and Retail
  Energy and Mining
  Others
  Manufacturing
  Oil and Gas
  Consumer and Retail
  Energy and Mining
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

.

By Mode Of Transportation Insights

The rail transport segment is estimated to witness significant growth during the forecast period.

Request Free Sample

The Rail transport segment was valued at USD 56.00 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Request Free Sample

The market in North America is experiencing mode

The global size of patient transportation market is estimated to be worth USD 22,035.5 million in 2024 and anticipated to reach a value of USD 37,639.9 million by 2034. Sales are projected to rise at a CAGR of 5.5% over the forecast period between 2024 and 2034. The revenue generated by non-emergency patient transportation in 2023 was USD 20,886.8 million. The industry is anticipated to exhibit a Y-o-Y growth of 5.5% in 2024.

Semi Annual Market Update

Country-wise Insights

Category-wise Insights

Monthly Transportation Statistics is a compilation of national statistics on transportation. The Bureau of Transportation Statistics brings together the latest data from across the Federal government and transportation industry. Monthly Transportation Statistics contains over 50 time series from nearly two dozen data sources.

Contribution of industries to the economy and their use of transportation services to produce goods and services, including number of person employed in transportation occupations.

The Intermodal Freight Transportation Market report segments the industry into By Component (Software, Service), By Transportation Mode (Rail and Road Transport, Air and Road Transport, Maritime and Road Transport, and more), End-User Industry (Industrial and Manufacturing, Oil and Gas, Consumer and Retail, and more), and Geography (North America, Europe, Asia-Pacific, and more).

Annual railway industry summary statistics on freight and passenger transportation (revenue freight by tonnes, by tonne-kilometres, by average haul on each railway; revenue and non-revenue freight by tonnes, by tonne-kilometres, by average haul on each railway; revenue passengers by passengers, by passenger-kilometres, by average passenger journey per ticket; transportation services, averages by cars per freight train, by car per passenger train, by freight carload, by empty freight car-kilometres, by freight train speed).

In 2019, Asia Pacific was the largest market for intermodal freight transportation, with 30.6 percent of the total market. By 2026, the global intermodal freight transportation market is projected to exceed 36 billion U.S. dollars.

The Freight Transport Management Market report segments the industry into Solution (Freight Transportation Cost Management, and more), Deployment (Cloud, On-premise), Mode Of Transport (Rail Freight, and more), End User (Aerospace and Defense, and more), and Geography (North America, and more).

Snapshot img

North America Road Freight Transportation Market Size 2025-2029

The north america road freight transportation market size is forecast to increase by USD 129.8 billion at a CAGR of 2.3% between 2024 and 2029.

The North American road freight transportation market is experiencing significant growth, driven by the increasing demand for efficient and cost-effective logistics solutions. One key trend transforming the industry is the adoption of blockchain technology, which offers enhanced transparency, security, and traceability in the supply chain. This innovation is particularly relevant for companies seeking to increase operational efficiency and reduce costs. However, the market is not without challenges. New regulations, such as those related to emissions and hours of service, are negatively impacting operational costs and productivity. Compliance with these regulations requires significant investment in technology and training, adding to the financial burden for transportation providers. To navigate these challenges and capitalize on market opportunities, companies must stay informed of regulatory changes and invest in technology solutions that enable compliance and streamline operations. By doing so, they can differentiate themselves in a competitive market and maintain a strategic advantage.

What will be the size of the North America Road Freight Transportation Market during the forecast period?

Request Free Sample

The road transportation industry in North America is undergoing significant changes as companies explore new ways to enhance operational efficiency and address environmental concerns. One such innovation is the adoption of blockchain technology to streamline logistics processes and enhance supply chain transparency. This comes as regulatory pressure mounts to reduce carbon dioxide (CO2) and nitrogen oxide emissions from road freight transportation. Environmental conservation is a growing priority, with many players in the industry turning to alternative fuels and self-driven trucks to minimize their carbon footprint. Less-than-truckload (LTL) and full truckload carriers are also exploring collaborations with rail freight to optimize their networks and reduce reliance on road transport. Cross-border trade remains a significant driver of growth in the road freight transportation market. However, the logistics industry faces challenges in managing complex regulatory frameworks and ensuring compliance with evolving environmental regulations. As the industry evolves, operational efficiency and environmental sustainability will be key differentiators for market success. Companies that can effectively navigate these trends and adapt to changing market dynamics will be well-positioned to thrive in the North American road freight transportation landscape.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeFull truckloadLess-than truckloadProduct TypeSolid goodsLiquid goodsVehicle TypeLight commercialHeavy commercialService TypeThird-party logistics (3PL)Express and parcel servicesFreight forwardingGeographyNorth AmericaUSCanadaMexico

By Type Insights

The full truckload segment is estimated to witness significant growth during the forecast period.

The North American road freight transportation market is characterized by the full truckload segment's continuous expansion. Full truckload carriers specialize in transporting bulk freight, ranging from food and perishable products to hazardous materials, requiring diverse equipment and insurance. Flatbed, dry van, and refrigerated trailers are commonly used for these shipments. The full truckload segment exhibits a highly fragmented landscape, with the leading carriers holding less than 1% of the market share. Concurrently, the industry concentration remains relatively low, with the top 25 full truckload carriers accounting for approximately 8% of the market in 2024. Operational efficiency and cost-effectiveness are critical factors driving the growth of the full truckload segment. Value-added services, such as freight management and logistics, are increasingly being adopted to optimize supply chain performance. The use of digital mobile communications, electronic toll collection, and intermodal transportation facilitates streamlined operations. Environmental concerns are gaining significance in the road freight transportation sector. Harmful gases, including carbon dioxide and nitrogen oxides, contribute to air pollution. To mitigate these emissions, alternative fuels, such as biodiesel and natural gas, are being explored. Additionally, the use of big data analytics and synchronization among agencies enables more efficient traffic flow and reduces con

The Intelligent Transportation Systems Market report segments the industry into System (Advanced Traffic Management System, and more), Component (Interface Boards, and more), Application (Fleet Management and Asset Monitoring, and more), and Geography (North America, and more).

The industry has significantly changed because of heightened geopolitical risks, technological evolution and supply chain vulnerabilities. The 2023-2024 droughts in the Panama Canal forced much of the industry to shift route activity to longer pathways, with South Africa as a significant alternative. These changes have brought additional operational costs, such as increased fuel consumption, offsetting some of the industry’s gains from raised freight rates. Attacks in the Red Sea have also increased insurance premiums, prompting companies to expand staff training to reduce claims and secure favorable coverage. Cybersecurity concerns have intensified. The expanded adoption of digital and operational technologies exposed new vulnerabilities, prompting carriers to invest in advanced cybersecurity tools. Cruise lines have adopted AI features into customer experience platforms to diversify revenue in an increasingly competitive market. Despite innovative strategies and increased revenue opportunities, profitability has not kept pace. Over the last five years to 2025, industry revenue grew at a CAGR of 16.1% to reach $60.4 billion, with a 4.1% increase expected in 2025 alone. Yet, profit have tightened appreciably, pressured by persistent operational and regulatory cost increases. Looking toward 2030, the operating environment will continue to transform. Major carriers are restructuring alliances to better compete and improve efficiency, a move expected to trigger heightened rivalry and administrative costs that will be reflected in future contract rates. Stricter emission standards loom, motivating larger vessels and cruise lines to invest in dual-fuel engine retrofits to meet new requirements, which carries significant capital implications. Labor trends remain challenging: officer shortages and the rise of unregulated “shadow fleets” strain capacity and pressure wages, while regulatory drills are becoming a regular feature to ensure compliance with US inspection regimes. Altogether, these factors suggest stable but slow revenue growth, with the industry forecast to rise at a CAGR of 1.8% from 2025 to 2030, landing at $66.0 billion.

Shapefile of Ohio's counties with information on the number of the freight reliant industries in each county with the total number of freight reliant employees.