Road Logistics in North America
Summary
Road Logistics in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Road logistics refers to transferring goods on roadways using vehicles (usually trucks). It is one of the most common modes of freight transport as it is more efficient, effective, and considerably less expensive than other modes of transportation, such as air freight. Market value refers to revenue generated by market players in a specific year.
- The North American road logistics market recorded revenues of $1,069.2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 1.1% between 2018 and 2023.
- The truckload segment accounted for the market's largest proportion in 2023, with total revenues of $761.1 billion, equivalent to 71.2% of the market's overall value.
- According to GlobalData, North America accounted for 24.4% of the global road logistics market in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the road logistics market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the road logistics market in North America
- Leading company profiles reveal details of key road logistics market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America road logistics market with five year forecasts
- What was the size of the North America road logistics market by value in 2023?
- What will be the size of the North America road logistics market in 2028?
- What factors are affecting the strength of competition in the North America road logistics market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's road logistics market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. FedEx Corp
- 8.2. United Parcel Service Inc
- 8.3. J.B. Hunt Transport Services Inc
- 8.4. C.H. Robinson Worldwide Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: North America road logistics market value: $ billion, 2018-23
- Table 2: North America road logistics market category segmentation: % share, by value, 2018-23
- Table 3: North America road logistics market category segmentation: $ billion, 2018-23
- Table 4: North America road logistics market geography segmentation: $ billion, 2023
- Table 5: North America road logistics market value forecast: $ billion, 2023-28
- Table 6: FedEx Corp: Key Facts
- Table 7: FedEx Corp: Annual Financial Ratios
- Table 8: FedEx Corp: Key Employees
- Table 9: FedEx Corp: Key Employees Continued
- Table 10: United Parcel Service Inc: Key Facts
- Table 11: United Parcel Service Inc: Annual Financial Ratios
- Table 12: United Parcel Service Inc: Key Employees
- Table 13: J.B. Hunt Transport Services Inc: Key Facts
- Table 14: J.B. Hunt Transport Services Inc: Annual Financial Ratios
- Table 15: J.B. Hunt Transport Services Inc: Key Employees
- Table 16: C.H. Robinson Worldwide Inc: Key Facts
- Table 17: C.H. Robinson Worldwide Inc: Annual Financial Ratios
- Table 18: C.H. Robinson Worldwide Inc: Key Employees
- Table 19: North America Exchange Rate, 2018-23
- List of Figures
- Figure 1: North America road logistics market value: $ billion, 2018-23
- Figure 2: North America road logistics market category segmentation: $ billion, 2018-23
- Figure 3: North America road logistics market geography segmentation: % share, by value, 2023
- Figure 4: North America road logistics market value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the road logistics market in North America, 2023
- Figure 6: Drivers of buyer power in the road logistics market in North America, 2023
- Figure 7: Drivers of supplier power in the road logistics market in North America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the road logistics market in North America, 2023
- Figure 9: Factors influencing the threat of substitutes in the road logistics market in North America, 2023
- Figure 10: Drivers of degree of rivalry in the road logistics market in North America, 2023
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