Road Freight Transportation Market in North America 2025-2029

Road Freight Transportation Market In North America 2025-2029

The road freight transportation market in North America is forecasted to grow by USD 129.8 billion during 2024-2029, accelerating at a CAGR of 2.3% during the forecast period. The report on the road freight transportation market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by need to increase operational efficiency, increasing cross-border trade, and growth in E-commerce industry.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's road freight transportation market in North America is segmented as below:

By Type

  • Full truckload
  • Less-than truckload
By Product Type
  • Solid goods
  • Liquid goods
By Vehicle Type
  • Light commercial
  • Heavy commercial
By Service Type
  • Third-party logistics (3PL)
  • Express and parcel services
  • Freight forwarding
By Geographical Landscape
  • North America
This study identifies the use of blockchain in road transportation industry as one of the prime reasons driving the road freight transportation market in North America growth during the next few years. Also, use of alternative fuels and introduction of self-driven trucks will lead to sizable demand in the market.

The report on the road freight transportation market in North America covers the following areas:
  • Road Freight Transportation Market in North America sizing
  • Road Freight Transportation Market in North America forecast
  • Road Freight Transportation Market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road freight transportation market in North America vendors that include ArcBest Corp., C H Robinson Worldwide Inc., CMA CGM Group, Estes Express Lines, FedEx Corp., Hub Group Inc., J B Hunt Transport Services Inc., Knight Swift Transportation Holdings Inc., Landstar System Inc., NFI Industries Inc., Old Dominion Freight Line Inc., Penske Corp., R L Carriers Inc., Ryder System Inc., Schneider National Inc., TransForce Inc., United Parcel Service Inc., Werner Enterprises Inc., XPO Inc., and YRC. Also, the road freight transportation market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Data Table on Incremental Growth
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2024
    • Market outlook: Forecast for 2024-2029
      • Table Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Regional - Market size and forecast 2024-2029 ($ billion)
  • Historic Market Size
    • Road Freight Transportation Market in North America 2019 - 2023
      • Table Historic Market Size - Data Table on Road Freight Transportation Market in North America 2019-2023 ($ billion)
    • Type segment analysis 2019 - 2023
    • Product Type segment analysis 2019 - 2023
    • Vehicle Type segment analysis 2019 - 2023
    • Service Type segment analysis 2019 - 2023
    • Geography segment analysis 2019 - 2023
  • Qualitative Analysis
    • Impact of AI on road freight transportation market in North America
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by Type
    • Market segments
      • Table Data Table on Type - Market share 2024-2029 (%)
    • Comparison by Type
      • Table Data Table on Comparison by Type
    • Full truckload - Market size and forecast 2024-2029
      • Table Data Table on Full truckload - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Full truckload - Year-over-year growth 2024-2029 (%)
    • Less-than truckload - Market size and forecast 2024-2029
      • Table Data Table on Less-than truckload - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Less-than truckload - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Type
      • Table Data Table on Market opportunity by Type ($ billion)
  • Market Segmentation by Product Type
    • Market segments
      • Table Data Table on Product Type - Market share 2024-2029 (%)
    • Comparison by Product Type
      • Table Data Table on Comparison by Product Type
    • Solid goods - Market size and forecast 2024-2029
      • Table Data Table on Solid goods - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Solid goods - Year-over-year growth 2024-2029 (%)
    • Liquid goods - Market size and forecast 2024-2029
      • Table Data Table on Liquid goods - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Liquid goods - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Product Type
      • Table Data Table on Market opportunity by Product Type ($ billion)
  • Market Segmentation by Vehicle Type
    • Market segments
      • Table Data Table on Vehicle Type - Market share 2024-2029 (%)
    • Comparison by Vehicle Type
      • Table Data Table on Comparison by Vehicle Type
    • Light commercial - Market size and forecast 2024-2029
      • Table Data Table on Light commercial - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Light commercial - Year-over-year growth 2024-2029 (%)
    • Heavy commercial - Market size and forecast 2024-2029
      • Table Data Table on Heavy commercial - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Heavy commercial - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Vehicle Type
      • Table Data Table on Market opportunity by Vehicle Type ($ billion)
  • Market Segmentation by Service Type
    • Market segments
      • Table Data Table on Service Type - Market share 2024-2029 (%)
    • Comparison by Service Type
      • Table Data Table on Comparison by Service Type
    • Third-party logistics (3PL) - Market size and forecast 2024-2029
      • Table Data Table on Third-party logistics (3PL) - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Third-party logistics (3PL) - Year-over-year growth 2024-2029 (%)
    • Express and parcel services - Market size and forecast 2024-2029
      • Table Data Table on Express and parcel services - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Express and parcel services - Year-over-year growth 2024-2029 (%)
    • Freight forwarding - Market size and forecast 2024-2029
      • Table Data Table on Freight forwarding - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Freight forwarding - Year-over-year growth 2024-2029 (%)
    • Market opportunity by Service Type
      • Table Data Table on Market opportunity by Service Type ($ billion)
  • Customer Landscape
    • Customer landscape overview
  • Geographic Landscape
    • Geographic segmentation
      • Table Data Table on Market share by geography - 2024-2029 (%)
    • Geographic comparison
      • Table Data Table on Geographic comparison
    • US - Market size and forecast 2024-2029
      • Table Data Table on US - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on US - Year-over-year growth 2024-2029 (%)
    • Canada - Market size and forecast 2024-2029
      • Table Data Table on Canada - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
    • Mexico - Market size and forecast 2024-2029
      • Table Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
      • Table Data Table on Mexico - Year-over-year growth 2024-2029 (%)
    • Market opportunity by geography
      • Table Data Table on Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Need to increase operational efficiency
      • Increasing cross-border trade
      • Growth in e-commerce industry
    • Market challenges
      • Negative operational impact of new regulations
      • High operational costs and competitive pricing
      • Shortage of qualified truck drivers
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Use of blockchain in road transportation industry
      • Use of alternative fuels
      • Introduction of self-driven trucks
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • ArcBest Corp.
    • C H Robinson Worldwide Inc.
    • CMA CGM Group
    • FedEx Corp.
    • Hub Group Inc.
    • J B Hunt Transport Services Inc.
    • Knight Swift Transportation Holdings Inc.
    • Landstar System Inc.
    • NFI Industries Inc.
    • Old Dominion Freight Line Inc.
    • Ryder System Inc.
    • Schneider National Inc.
    • United Parcel Service Inc.
    • XPO Inc.
    • YRC
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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