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Freight Trucking Market Share

Report ID: GMI5902
Published Date: May 2023
Report Format: PDF

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Freight Trucking Market Share

Major companies operating in the freight trucking market include

A.P. Moller – Maersk
ArcBest Corporation
CEVA Logistics AG
CRST International, Inc.
DHL Express
FedEx Corporation
J.B. Hunt Transport Services, Inc.
Landstar System, Inc.
Nippon Express Co., Ltd.
Old Dominion Freight Line, Inc.
Roadrunner Transportation Systems, Inc.
Saia, Inc.
Schneider National, Inc.
United Parcel Service (UPS)
XPO Logistics, Inc.
Yellow Roadway Corporation
YRC Worldwide Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of freight trucking exceeded USD 285 billion in 2022 and is expected to witness 4% CAGR during 2023 to 2032 backed by the growing trend of online shopping has increased the demand for shipping services to deliver goods from fulfillment centers to customers' doorsteps.

The freight trucking industry size from industrial & manufacturing segment will be over USD 100 billion in 2032, owing to the flexibility and reliability offered by cargo transportation, along with benefits such as on-time delivery, inventory control, and fast turnaround times.

The Asia Pacific is estimated to amass USD 115 billion in 2032, as the region is a hub for technological progress & innovations. Swift growth of e-commerce and high demand for transportation services for goods & raw material distribution within and between countries in the region will push the market growth.

A.P. Moller – Maersk, ArcBest Corporation, CEVA Logistics AG, CRST International, Inc., DHL Express, FedEx Corporation, Nippon Express Co., Ltd., Old Dominion Freight Line, Inc., XPO Logistics, Inc., Yellow Roadway Corporation, and YRC Worldwide Inc. among others.