road logistics market scope, road logistics market trends, road logistics market forecast, road logistics market size, road logistics market insights, road logistics market share
What are the recent trends in market size and growth for the road logistics market?
The road logistics market size has grown steadily in recent years. It will grow from $803.36 billion in 2024 to $839.69 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to rise of platform-based logistics, good quality transport infrastructure, customer experience focus.
The road logistics market size is expected to see steady growth in the next few years. It will grow to $952.61 billion in 2029 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to growing consumer expectations, infrastructure development, rise of e-commerce, demand from the medical and healthcare industry. Major trends in the forecast period include technological advancements, product innovations, partnerships, and investments.
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What key drivers have fueled the road logistics market’s development over the years?
Growth in e-commerce is expected to propel the growth of the road logistics market going forward. Electronic commerce, or e-commerce, is the term used to describe the purchasing and selling of goods and services via the Internet. It entails an online transaction involving two parties, typically a business and a customer, for the payment and delivery of goods or services. Since road freight transit is the main mode of transportation for e-commerce, particularly for last-mile deliveries and suppliers transferring goods for distribution, road logistics play a critical role in the e-commerce industry. There is an opportunity for logistics companies to improve their delivery times as a result of the growth of e-commerce and the resulting demand for faster delivery times. For instance, in February 2024, according to the Census Bureau of the Department of Commerce, a US-based government department, the fourth quarter 2023 e-commerce estimate increased 7.5% (±1.2%) from the fourth quarter of 2022, while total retail sales increased 2.8% (±0.4%) in the same period. Therefore, the growth in e-commerce is driving the expansion of the road logistics market.
What is the segmentation for the road logistics market?
The road logistics market covered in this report is segmented –
1) By Type: Truckload, Less Than Truckload, Parcel, Same Day
2) By Application: Domestic, International
3) By End User: Industrial And Manufacturing, Retail, Healthcare, Oil And Gas
Subsegments:
1) By Truckload (TL): Full Truckload (FTL) Services, Dedicated Truckload Services
2) By Less Than Truckload (LTL): Consolidated Freight Services, Terminal-To-Terminal Services
3) By Parcel: Domestic Parcel Delivery, International Parcel Delivery, Same-Day Parcel Services
4) By Same Day: Same-Day Delivery Services, Same-Day Freight Services, On-Demand Delivery Solutions
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Who are the most influential companies in the road logistics market?
Major companies operating in the road logistics market are DHL International GmbH, Deutsche Post AG, United Parcel Service Inc., FedEx Corp., Xiamen Xiangyu Co. Ltd., CEVA Logistics Inc., Kuehne Nagel Management AG, Noatum Logistics USA LLC, Penske Corp., C H Robinson Worldwide Inc., J.B. Hunt Transport Services Inc., Ryder System Inc., XPO Logistics Inc., Knight Swift Transportation Holdings Inc., Schneider National Inc., ArcBest Corp., Yellow Corp., GEFCO S.A., Saltchuk, Werner Enterprises Inc., Bennett International Group LLC, AAA Cooper Transportation Inc., Agility Public Warehousing Co. K.S.C.P, Quantix SCS Inc., Acme Truck Line Inc., LT Harnett Trucking Inc., RD Logistics Inc., World Trade Logistics Inc., Cannon Logistics LLC, Sea Transport Management WA, Just International Logistics Co. Ltd.
What are the top industry trends projected to impact the road logistics market?
Major companies operating in the road logistics market are focusing on developing advanced solutions, such as intelligent booking processes to gain a competitive edge. This capability allows the system to remember specific booking flows executed by users, significantly reducing booking time and enhancing efficiency. For instance, in November 2023, myKN Booking, a Switzerland-based logistics company, launched its online freight booking platform for road logistics in the Middle East and Africa (MEA), reflecting a growing trend in digital freight solutions. This initiative is part of a broader movement towards online logistics services, which have seen increased adoption due to their efficiency and convenience.
What are the major regional insights for the road logistics market, and which region holds the top position?
Asia-Pacific was the largest region in the road logistics market in 2024. The regions covered in the road logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Road Logistics Market Report 2025 Offer?
The road logistics market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Road logistics refers to the process of planning, coordinating, and executing the transportation of goods, materials, or people via road networks. It involves activities such as route optimization, vehicle scheduling, load management, and transportation tracking.
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