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).

The general freight trucking industry navigated substantial volatility over the current five-year period, driven by surging consumer demand and elevated freight volumes through 2021 and 2022. This was followed by a prolonged freight recession and gradual recovery through 2025. The early-period demand surge attracted new market entrants and drove significant revenue growth, as e-commerce expansion and supply chain reconfiguration generated consistent shipment volumes. Profit as a share of revenue rose from 8.5% in 2020 to 17.1% in 2025. Still, margin growth has been constrained by inflation-driven increases in operating costs and ongoing overcapacity. The Federal Reserve's monetary policy tightening in 2023 slowed manufacturing and consumer spending, triggering a freight recession that persisted through much of 2024 and compressed spot rates despite carriers' attempts to maintain pricing discipline. Carriers responded by improving operational efficiency through technology investments. Other small enterprises exited the industry since profit turned negative. Smaller operators continue to struggle against larger enterprises that have stronger cash flows and greater access to capital. A 25.0% tariff on medium and heavy-duty trucks and their components has further complicated the operating environment by raising purchase costs and dampening import volumes at West Coast ports. Spot rates and contract renegotiations are reflecting both reduced freight demand and carriers' elevated capital requirements. Still, industry revenue reached $267.1 billion in 2025, growing 1.6% year-over-year, with the current five-year period recording a CAGR of 5.9%. Freight mode dynamics shifted materially in 2025 as shippers increasingly moved loads from less-than-truckload (LTL) networks toward full truckload service. This is partially a response to the deterioration of LTL service reliability and the escalation of density-based pricing, which has closed the traditional cost advantage of consolidated shipments. LTL shipment weight dropped in 2025 as density-based classification imposed premium charges on lightweight, high-cube freight. This incentivized shippers to accept partial truckload utilization rather than absorbing cumulative LTL accessorial charges and handling delays. Simultaneously, diesel prices surged in late 2025 to levels unseen since July 2024. This may limit carrier profit even as freight volumes remained depressed. Small carriers may exit if companies are unable to absorb the softness in freight demand and rising fuel costs. The trucking industry is facing a period of transition as tariffs, diesel price volatility and continued freight uncertainty create an operating environment where scale and financial resilience are crucial. Autonomous vehicle development, real-time logistics optimization and intermodal rail integration may continue to improve operational efficiency for large carriers. Technology could also create competitive advantages that accelerate consolidation among smaller fleets, which often lack the capital for technology and fuel hedging. Spot rate recovery is likely in 2026, but remains contingent on carrier capacity exiting faster than declines in freight demand. Tariff-driven equipment price hikes may also contribute to this outcome. Profit margin is anticipated to stabilize at 17.2% of revenue as larger carriers extract scale advantages while smaller operators face lower profit. Industry revenue is projected to climb at a CAGR of 1.6% over the next five years, reaching $288.7 billion in 2030.

The United States Road Freight Transport Market Report is Segmented by End User Industry (Manufacturing, and More), Destination (Domestic and International), Truckload Specification (FTL and LTL), Distance (Long Haul and Short Haul), Goods Configuration (Fluid Goods and Solid Goods), Temperature Control (Non-Temperature and Temperature Controlled), and by Containerization. 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 US Freight Brokerage Market Report is Segmented by Service (FTL and More), by Equipment / Trailer Type (Dry Van and More), by Haul Length (Long-Haul and More), by Business Model (Traditional Freight Brokerage and More), by End User (Manufacturing and More), by Customer Size (Large Enterprise and More), and by Geography (Northeast and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The specialized freight trucking industry has navigated a period marked by pronounced volatility, as shifting consumer spending, cost inflation and macroeconomic headwinds all intensified margin pressure. There has been some consolidation as major carriers invest in intermodal integration, aligning closely with Class I and regional railroads to win large contracts and improve efficiency. Rising tariffs have increased the cost of new equipment and cross-border shipments, while insurance premiums, fuel prices and labor costs surged over the last five years. Even as operator wages and driver recruitment programs, including federal initiatives like the Safe Driver Apprenticeship Pilot Program, helped address driver shortages, profit margin contracted from 5.3% in 2020 to 4.4% of revenue in 2025, as cost increases significantly outpaced rate growth. Despite elevated costs, industry revenue continued to climb, supported by robust demand for last-mile services and the integration of digital tools for load matching and route optimization. Industry revenue expanded at a compound annual growth rate (CAGR) of 3.1% over the past five years, reaching $66.1 billion in 2025, though current-year growth slowed to just 0.8%. Profit faced pressure since persistent inflation and borrowing costs weighed heavily on manufacturing and construction, the industry’s key customer sectors. Leading companies like J.B. Hunt, Schneider and Knight-Swift deepened partnerships with railroads, deploying advanced technologies such as AI-powered dispatch, predictive maintenance and collision avoidance systems to extract efficiency gains and mitigate labor constraints. However, smaller carriers struggled to manage overhead and keep up with rapid digitalization. Brand reputation, vendor relationships and diversified services insulated some carriers from the downturn, but market exits and bankruptcies remained elevated as the industry worked through a protracted market correction. While nonemployers continue to enter the industry, larger firms absorb capacity, leveraging scale to withstand cost increases and secure exclusive contracts in critical geographic and sector markets. The industry’s prospects will depend on stabilizing economic conditions and continued technological transformation, influencing freight rates and demand. Freight rates have declined in the second quarter of 2025 as excess industry capacity combines with weakened demand, with many businesses working through inventory stockpiled before tariff implementation. Electrification efforts, while promising gains in safety and operational costs, face obstacles from shifting federal policies, infrastructure funding uncertainty and regulatory restrictions on vehicle weights. Still, as economic activity rebounds across sectors like retail, manufacturing and construction, demand for specialized freight will recover, particularly among established firms able to leverage digital freight platforms and modal partnerships. The industry is forecast to climb at a 1.9% CAGR over the next five years, with revenue reaching $72.5 billion by 2030, driven by renewed investment in automation, international trade and diversified, resilient supply chain solutions.

Market Size statistics on the Local Freight Trucking industry in the US

In 2021, the total market size of the truckload industry in the United States is expected to reach over *** billion U.S. dollars. Over the recent years, this market has experienced a continuous increase as a result of improving economic needs for inland freight transportation in the U.S.

The United States Air Freight Market is Segmented by Service Type (Freight Transport (Cargo/CEP), Freight Forwarding and More), by Destination (Domestic and More), by Carrier Type (Belly Cargo and Freighter), by Cargo Type (General Cargo and Special Cargo), by End-User Industry (E-Commerce & Retail, Manufacturing & Automotive and More), by Region (Northeast, and More). The Market Forecasts are Provided in Terms of Value (USD).

Local freight truckers have navigated predominantly favorable conditions for revenue expansion, driven by rising consumer spending and increased manufacturing activity that boosted demand for transporting input materials and finished products. Digital transformation has accelerated across the sector, with operators implementing sensors and cloud computing technologies to optimize delivery routes and improve operational efficiency. Substantial investment in intermodal transportation has enabled many truckers to integrate services with rail networks, helping offset competitive pressures and reduce fuel costs during volatile energy prices. However, persistent structural challenges have emerged, including higher truck prices and elevated turnover rates. The industry also faces mounting pressure from new tariffs on imported truck equipment, with 25.0% duties on heavy-duty vehicles potentially increasing fleet acquisition costs and straining an already thin profit margin. These tariff policies threaten to disrupt cross-border freight flows with Canada and Mexico while increasing equipment maintenance and replacement operational expenses. Profit performance has shown resilience, improving from 8.5% of revenue in 2020 to 8.9% in 2025, even as operators absorbed portions of cost increases. Revenue has demonstrated the sector's established market position, climbing at an annualized rate of 6.1% over the last five years, reaching $99.1 billion with year-over-year growth of 0.8% in 2025. The competitive landscape has intensified as high interest rates have limited freight volumes for truckers handling industrial products in 2023 and 2024, while manufacturing activities have slowed amid cooling demand in the construction and mining sectors. Regulatory changes continue challenging operators, with new mandates from the EPA and NHTSA increasing operational and compliance costs. Speed limit regulations under consideration by the FMCSA add further uncertainty to operational planning. Despite these headwinds, operators successfully implemented fuel surcharges to offset rising input costs, though the industry's competitive nature prevented full cost pass-through to customers, limiting profit. Rising consumer spending and accelerated e-commerce activity are positioned to boost demand for local freight services, creating growth opportunities despite ongoing challenges. As regulatory pressures intensify, companies must invest in new technologies to meet emission standards and potentially transition to hydrogen or electric-powered trucks. However, these technological shifts will raise operational costs, further pressuring profit across the sector. The continued push for vertical integration among large corporations and growing competition from rail transport will present additional market challenges. Even so, the industry's demonstrated ability to integrate intermodal solutions and enhance operational efficiency through digital technologies positions local freight truckers for sustained growth through 2030. Profit margin is expected to moderate to 8.6% of revenue by 2030 as compliance costs climb, while revenue is forecast to expand at an annualized rate of 1.3% over the next five years, reaching $105.8 billion through the end of 2030.

US Freight Brokerage Market size was valued at USD 3.53 Billion in 2024 and is projected to reach USD 41.76 Billion by 2032, growing at a CAGR of 36.20% from 2026 to 2032.• Growth in E-commerce and Retail Trade: The relentless surge in e-commerce and online retail continues to be a primary growth engine for the US freight brokerage market. As consumers increasingly opt for online shopping, the demand for faster, more flexible, and reliable delivery services has skyrocketed.• Digitalization and Technology Adoption: The widespread adoption of digitalization and advanced technologies is revolutionizing the freight brokerage sector, attracting both shippers and carriers with enhanced efficiency and transparency. Modern freight platforms leverage cutting-edge tools such as real-time tracking, artificial intelligence for route optimization, and automation for administrative tasks, significantly streamlining operations.

Discover the booming North American freight transport by road market. This in-depth analysis reveals key trends, market size, growth projections, and leading companies. Learn about the impact of e-commerce, driver shortages, and technological advancements on this crucial sector. 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.October 2023: Ryder System has entered into a definitive agreement to acquire IFS Holdings, known as Impact Fulfillment Services. The 3PL provides a range of services, including contract packaging and manufacturing, warehousing and more. The deal aims to expand Ryder’s supply chain services by adding 15 operations across nine states, involving California, Florida, Georgia, Illinois, North Carolina, Ohio, Pennsylvania, Texas and Utah.October 2023: Truck and industrial equipment maker Volvo, auto maker Renault, and shipping giant CMA CGM unveiled a joint venture that would create a company aimed at developing a new series of electric vans. The partnership would provide electric urban transportation for companies in the logistics and transportation sector seeking to decarbonize their fleets.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

United States Road Freight Transport Market size was valued at USD 538.16 Billion in 2024 and is projected to reach USD 742.19 Billion by 2032, growing at a CAGR of 4.1% from 2025 to 2032.

Key Market Drivers

Rising E-commerce Logistics Demand: The explosive growth of online retail is fundamentally transforming the road freight requirements across the United States. According to the U.S. Department of Transportation's February 2024 report, e-commerce-related trucking volumes increased by 42% compared to the previous year. The surge in last-mile delivery services has created unprecedented demand for road freight transportation.

Growing Infrastructure Investment: Federal and state-level infrastructure development is strengthening the road freight sector's operational capabilities. The Federal Highway Administration's January 2024 data revealed a $98 billion investment in highway infrastructure improvements and expansions. Enhanced road networks and modernized infrastructure have optimized freight movement efficiency.

The US road freight transport market is booming, with a projected 5.98% CAGR through 2033. Learn about key drivers, trends, and restraints impacting this multi-billion dollar industry, including e-commerce growth, infrastructure investments, and driver shortages. Explore market segmentation data and key players shaping the future of US logistics. 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.October 2023: Ryder Systems continues to expand its multiclient warehouse network, adding a 400,000-square-foot distribution center in Aurora, Ill. The newly built facility is the latest addition to a now six-building campus totaling 2.4 million square feet, primarily serving shippers of consumer packaged goods (CPG), including food and beverage, food ingredients, health and beauty, household products, and general retail merchandise.September 2023: UPS has entered into an agreement to acquire MNX Global Logistics (MNX), a global time-critical logistics provider. MNX’s capabilities in radio-pharmaceuticals and temperature-controlled logistics will help UPS’ healthcare segment and clinical trial logistics subsidiary Marken meet the growing demand for these services. The transaction is expected to close by the end of the year.. 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 United States freight and logistics industry, a cornerstone of the American economy, is experiencing robust growth, driven by the expansion of e-commerce, increasing globalization, and the ongoing need for efficient supply chain management. While precise market size figures for 2025 are unavailable, industry reports suggest a substantial market value, possibly exceeding $1.5 trillion based on recent growth trends and projections. This reflects a significant Compound Annual Growth Rate (CAGR) – let's assume a conservative 4% CAGR, factoring in potential economic fluctuations. Key growth drivers include the increasing demand for faster and more reliable delivery services, fueled by the rise of e-commerce and the adoption of just-in-time inventory management strategies. The industry is also witnessing substantial technological advancements, with automation, AI, and data analytics improving efficiency and reducing costs. This technological disruption is changing the landscape, favoring larger companies with the resources to adopt these innovations while potentially challenging smaller players. However, the industry faces headwinds. These include persistent driver shortages, impacting transportation costs and delivery times; rising fuel prices, adding to operational expenses; and increasing regulatory scrutiny, focusing on environmental impact and labor practices. The segmentation of the market, spanning various end-user industries (from agriculture to manufacturing) and logistics functions (courier services to warehousing), presents opportunities for specialized service providers but also necessitates strategic adaptation to meet specific industry needs. The growth is unevenly distributed across segments. For example, the e-commerce boom has disproportionately boosted the courier, express, and parcel (CEP) sector, while other segments such as freight forwarding might see more moderate expansion. The dominance of large players like FedEx and UPS highlights the competitive intensity and economies of scale within the industry. Future growth will likely depend on the ability of companies to navigate the challenges and leverage opportunities presented by technological advancement, changing consumer behavior, and evolving geopolitical landscapes. 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.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Discover the booming US Road Freight Transport Market! This in-depth analysis reveals a $800 billion market (2025 est.) with a 4% CAGR projected to 2033. Learn about key drivers, trends, challenges, and top players in this critical sector, including LTL, FTL, and specialized transportation. 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.October 2023: Ryder Systems continues to expand its multiclient warehouse network, adding a 400,000-square-foot distribution center in Aurora, Ill. The newly built facility is the latest addition to a now six-building campus totaling 2.4 million square feet, primarily serving shippers of consumer packaged goods (CPG), including food and beverage, food ingredients, health and beauty, household products, and general retail merchandise.September 2023: UPS has entered into an agreement to acquire MNX Global Logistics (MNX), a global time-critical logistics provider. MNX’s capabilities in radio-pharmaceuticals and temperature-controlled logistics will help UPS’ healthcare segment and clinical trial logistics subsidiary Marken meet the growing demand for these services. The transaction is expected to close by the end of the year.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

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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.

What will the size of the market be during the forecast period?

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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 North American freight transport by road market is booming, with a CAGR exceeding 13.50%. This analysis explores key trends, drivers, and restraints impacting major players like FedEx and UPS, covering segments like FTL, LTL, and regional variations. Discover market size projections and growth opportunities in this dynamic sector. 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.October 2023: Ryder System has entered into a definitive agreement to acquire IFS Holdings, known as Impact Fulfillment Services. The 3PL provides a range of services, including contract packaging and manufacturing, warehousing and more. The deal aims to expand Ryder’s supply chain services by adding 15 operations across nine states, involving California, Florida, Georgia, Illinois, North Carolina, Ohio, Pennsylvania, Texas and Utah.October 2023: Truck and industrial equipment maker Volvo, auto maker Renault, and shipping giant CMA CGM unveiled a joint venture that would create a company aimed at developing a new series of electric vans. The partnership would provide electric urban transportation for companies in the logistics and transportation sector seeking to decarbonize their fleets.. Key drivers for this market are: 4., Increase demand of Petrochemical is driving the market4.; Increase in Investments is driving the market. Potential restraints include: 4., High Cost of Operations. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

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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?

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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 congestion. The rail freight and air

The North American road freight transportation market, a $1 trillion industry, is projected to grow steadily at a CAGR of 2.47% through 2033. Discover key trends, market segments (FTL, LTL), leading companies, and growth drivers in this comprehensive market analysis.