
United States Trucking Market Report and Forecast 2025-2034
Description
The United States trucking market size reached approximately USD 13.51 Billion in 2024. The market is estimated to grow at a CAGR of 10.40% in the forecast period of 2025-2034, reaching a value of around USD 36.34 Billion by 2034.
Key Trends in the Market
Trucking forms an integral part of the logistics sector as it involves the transportation of commodities, goods, and freights using small pickups or light trucks. These trucks are generally used for the transportation of goods between warehouses, distributors, retailers, and customers.
The EMR’s report titled “United States Trucking Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Vehicle Type
Less than truckload (LTI) freight occupies a significant portion of the United States trucking market share, owing to its smaller size, which offers great flexibility for delivering small shipments to multiple locations. LTI also offers facilities such as liftgate pickup or delivery, and additional insurance on goods and services.
Moreover, LTI freight is more eco-friendly than full truckload freight as it consolidates shipment from multiple providers and removes the requirement for non-essential trucks to lower overall carbon emissions.
Market Share by End User
As per the United States trucking market analysis, the consumer goods and retail sector accounts for a substantial market share, due to the growth of the online retailing sector in the country. The ease of buying day-to-day goods from the comfort of homes is expected to boost the growth of the e-commerce sector, consequently fuelling the demand for trucking services.
This has also led to the rise of last-mile delivery services, further fuelling the demand for lightweight trucks that transport goods from local warehouses to the end consumers.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States trucking market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
J.B. Hunt Transport Services, Inc.
J.B. Hunt Transport Services, Inc., founded in 1961, is a transportation and logistics company, headquartered in Arkansas, the United States. Some of its shipping solutions include final mile services, highway services, and intermodal and managed logistics, among others. It primarily provides semi-trailer truck transportation for the continental USA and Canada.
UPS Inc.
UPS Inc., established in 1907 and based in Georgia, the United States, is a shipping and supply chain management company. It is a Fortune 500 member and is known as one of the world’s largest shipping courier providers. It offers its package shipment and delivery services in over 200 countries across the world.
XPO, Inc.
XPO, Inc. incorporated in 2000, is a transportation corporation, with its headquarters in Connecticut, the United States. The company offers services such as expedited transportation, freight brokerage, global forwarding, and last mile, among others.
Other United States trucking market players include YRC Worldwide, Landstar Systems, FedEx Corporation, and Expeditors International of Washington Inc., among others.
Key Trends in the Market
Trucking forms an integral part of the logistics sector as it involves the transportation of commodities, goods, and freights using small pickups or light trucks. These trucks are generally used for the transportation of goods between warehouses, distributors, retailers, and customers.
- Growing usage of shared freight services, which offers consolidated shipment from different shippers in a single truck, is one of the prominent United States trucking market trends. Such services offer an economical solution by saving fuel costs from multiple trucks as well as faster transit time compared to less-than-truckload shipment transportation.
- The surging trend of electrification of freight trucks to lower greenhouse gas emissions caused by freight transportation is another crucial trend boosting the market expansion. Additionally, many trucks are also using alternative fuels such as hydrogen gas to lower their environmental impact.
- Increased integration of technologies like data analytics in trucks for route optimisation to reduce fuel consumption and real-time tracking to provide timely updates is also expected to favour the United States trucking market growth.
- Increasing attempts by key players to deploy autonomous trucks that can enhance operational efficiency, reduce the risk of human errors, and improve the safety of logistics are anticipated to further fuel the market in the coming years. For example, Mars Auto, a South Korean truck startup, aims to provide a fleet of 30 self-driving trucks in the USA by the year 2025 for delivery service.
The EMR’s report titled “United States Trucking Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Vehicle Type
- Semi-Trailers
- Light Trucks
- Others
- Full Truckload
- Less Than Truckload
- Manufacturing
- Consumer Goods and Retail
- Food and Beverages
- IT Hardware and Telecom
- Healthcare
- Chemicals
- Construction
- Automotive
- Oil and Gas
- Others
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Less than truckload (LTI) freight occupies a significant portion of the United States trucking market share, owing to its smaller size, which offers great flexibility for delivering small shipments to multiple locations. LTI also offers facilities such as liftgate pickup or delivery, and additional insurance on goods and services.
Moreover, LTI freight is more eco-friendly than full truckload freight as it consolidates shipment from multiple providers and removes the requirement for non-essential trucks to lower overall carbon emissions.
Market Share by End User
As per the United States trucking market analysis, the consumer goods and retail sector accounts for a substantial market share, due to the growth of the online retailing sector in the country. The ease of buying day-to-day goods from the comfort of homes is expected to boost the growth of the e-commerce sector, consequently fuelling the demand for trucking services.
This has also led to the rise of last-mile delivery services, further fuelling the demand for lightweight trucks that transport goods from local warehouses to the end consumers.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States trucking market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
J.B. Hunt Transport Services, Inc.
J.B. Hunt Transport Services, Inc., founded in 1961, is a transportation and logistics company, headquartered in Arkansas, the United States. Some of its shipping solutions include final mile services, highway services, and intermodal and managed logistics, among others. It primarily provides semi-trailer truck transportation for the continental USA and Canada.
UPS Inc.
UPS Inc., established in 1907 and based in Georgia, the United States, is a shipping and supply chain management company. It is a Fortune 500 member and is known as one of the world’s largest shipping courier providers. It offers its package shipment and delivery services in over 200 countries across the world.
XPO, Inc.
XPO, Inc. incorporated in 2000, is a transportation corporation, with its headquarters in Connecticut, the United States. The company offers services such as expedited transportation, freight brokerage, global forwarding, and last mile, among others.
Other United States trucking market players include YRC Worldwide, Landstar Systems, FedEx Corporation, and Expeditors International of Washington Inc., among others.
Table of Contents
136 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 United States Logistics Market Overview
- 5.1 United States Logistics Historical Market (2018-2024)
- 5.2 United States Logistics Market Forecast (2025-2034)
- 6 United States Trucking Market Overview
- 6.1 Key Industry Highlights
- 6.2 United States Trucking Market Historical Market (2018-2024)
- 6.3 United States Trucking Market Forecast (2025-2034)
- 7 United States Trucking Market by Vehicle Type
- 7.1 Semi-Trailers
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Light Trucks
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Others
- 8 United States Trucking Market by Application
- 8.1 Full Truckload
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Less Than Truckload
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 United States Trucking Market by End User
- 9.1 Manufacturing
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Consumer Goods and Retail
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.3 Food and Beverages
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.4 IT Hardware and Telecom
- 9.4.1 Historical Trend (2018-2024)
- 9.4.2 Forecast Trend (2025-2034)
- 9.5 Healthcare
- 9.5.1 Historical Trend (2018-2024)
- 9.5.2 Forecast Trend (2025-2034)
- 9.6 Chemicals
- 9.6.1 Historical Trend (2018-2024)
- 9.6.2 Forecast Trend (2025-2034)
- 9.7 Construction
- 9.7.1 Historical Trend (2018-2024)
- 9.7.2 Forecast Trend (2025-2034)
- 9.8 Automotive
- 9.8.1 Historical Trend (2018-2024)
- 9.8.2 Forecast Trend (2025-2034)
- 9.9 Oil and Gas
- 9.9.1 Historical Trend (2018-2024)
- 9.9.2 Forecast Trend (2025-2034)
- 9.10 Others
- 10 United States Trucking Market by Region
- 10.1 New England
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Mideast
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Great Lakes
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Plains
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Southeast
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Southwest
- 10.6.1 Historical Trend (2018-2024)
- 10.6.2 Forecast Trend (2025-2034)
- 10.7 Rocky Mountain
- 10.7.1 Historical Trend (2018-2024)
- 10.7.2 Forecast Trend (2025-2034)
- 10.8 Far West
- 10.8.1 Historical Trend (2018-2024)
- 10.8.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 J.B. Hunt Transport Services, Inc.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 UPS Inc.
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 XPO, Inc.
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 YRC Worldwide
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Landstar Systems
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 FedEx Corporation
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Expeditors International of Washington Inc.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Others
Pricing
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