Road Logistics Global Market Report 2024

Description

Road logistics encompasses the comprehensive coordination and execution of transporting goods, materials, or individuals via road networks. This multifaceted process involves strategic planning, efficient route optimization, meticulous vehicle scheduling, adept load management, and real-time transportation tracking to ensure smooth and timely deliveries.

The primary categories within road logistics are truckload, less than truckload (LTL), parcel, and same-day delivery. Truckload logistics entail transporting goods that fill or could fill an entire truck, catering to domestic and international needs across various industries such as manufacturing, retail, healthcare, and oil and gas.

The road logistics market research report is one of a series of new reports from The Business Research Company that provides road logistics market statistics, including road logistics industry global market size, regional shares, competitors with road logistics market share, detailed road logistics market segments, market trends, and opportunities, and any further data you may need to thrive in the road logistics industry. This road logistics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The road logistics market size has grown strongly in recent years. It will grow from $2,118.72 billion in 2023 to $2,273.24 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion witnessed in the historic period can be ascribed to the emergence of platform-based logistics solutions, advancements in transport infrastructure, and a heightened focus on enhancing customer experience within the industry.

The road logistics market size is expected to see strong growth in the next few years. It will grow to $2,870.35 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. Anticipated growth in the forecast period can be linked to increasing consumer demands, ongoing infrastructure enhancements, the continued ascent of e-commerce platforms, and heightened demand from the medical and healthcare sectors. Significant trends expected during this period encompass technological advancements, innovative product developments, strategic partnerships, and increased investment activities.

The surge in e-commerce activity is anticipated to be a driving force behind the expansion of the road logistics market in the coming years. E-commerce, characterized by online transactions for the buying and selling of goods and services, heavily relies on road freight transit for efficient last-mile deliveries and the transportation of goods from suppliers to distribution centers. As e-commerce continues to grow, there is an increasing demand for faster delivery times, presenting an opportunity for logistics companies to enhance their delivery capabilities. For instance, in November 2023, e-commerce sales in the United States accounted for 15.6% of total sales in the third quarter, totaling $271.7 billion, reflecting a steady increase from previous quarters. Consequently, the upward trajectory of e-commerce is spurring the expansion of the road logistics market.

Prominent companies operating in the road logistics sector are concentrating on introducing advanced digital solutions to optimize various facets of road freight transportation and logistics. These solutions leverage digital technologies to streamline processes and enhance efficiency in cargo booking, transportation, and tracking. For example, DP World, a logistics company based in the United Arab Emirates, launched CARGOES Logistics, a digital logistics solution offering seamless online cargo booking, efficient transportation services, and sophisticated tracking capabilities. This platform simplifies the process of moving cargo by providing customers with a user-friendly interface for booking, tracking, and payment.

In December 2023, Good Logistics, a US-based logistics company, acquired Inter-Ways Limited, a UK-based freight and logistics company, to diversify its revenue streams and expand its customer base. This strategic acquisition enables Good Logistics to broaden its service offerings and enter new markets, reducing its reliance on specific industries or sectors. Inter-Ways Limited brings expertise in road freight, sea freight, air freight, and project forwarding, enhancing Good Logistics' capabilities and market presence.

Major companies operating in the road logistics market report 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.

Asia-Pacific was the largest region in the road logistics market in 2023. The regions covered in the road logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the road logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The road logistics market includes revenues earned by entities by providing consumer goods logistic services, industrial materials transit services, express transportation and courier services, and freight management. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Road Logistics Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on road logistics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for road logistics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The road logistics market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered: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
Companies Mentioned: DHL International GmbH; Deutsche Post AG; United Parcel Service Inc.; FedEx Corp.; Xiamen Xiangyu Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16904

1. Executive Summary

2. Road Logistics Market Characteristics

3. Road Logistics Market Trends And Strategies

4. Road Logistics Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Road Logistics Market Size and Growth

5.1. Global Road Logistics Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Road Logistics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Road Logistics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Road Logistics Market Segmentation

6.1. Global Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Truckload
Less Than Truckload
Parcel
Same Day
6.2. Global Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Domestic
International
6.3. Global Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Industrial And Manufacturing
Retail
Healthcare
Oil And Gas

7. Road Logistics Market Regional And Country Analysis

7.1. Global Road Logistics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Road Logistics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Road Logistics Market

8.1. Asia-Pacific Road Logistics Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Road Logistics Market

9.1. China Road Logistics Market Overview
9.2. China Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Road Logistics Market

10.1. India Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Road Logistics Market

11.1. Japan Road Logistics Market Overview
11.2. Japan Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Road Logistics Market

12.1. Australia Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Road Logistics Market

13.1. Indonesia Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Road Logistics Market

14.1. South Korea Road Logistics Market Overview
14.2. South Korea Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Road Logistics Market

15.1. Western Europe Road Logistics Market Overview
15.2. Western Europe Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Road Logistics Market

16.1. UK Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Road Logistics Market

17.1. Germany Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Road Logistics Market

18.1. France Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Road Logistics Market

19.1. Italy Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Road Logistics Market

20.1. Spain Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Road Logistics Market

21.1. Eastern Europe Road Logistics Market Overview
21.2. Eastern Europe Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Road Logistics Market

22.1. Russia Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Road Logistics Market

23.1. North America Road Logistics Market Overview
23.2. North America Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Road Logistics Market

24.1. USA Road Logistics Market Overview
24.2. USA Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Road Logistics Market

25.1. Canada Road Logistics Market Overview
25.2. Canada Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Road Logistics Market

26.1. South America Road Logistics Market Overview
26.2. South America Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Road Logistics Market

27.1. Brazil Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Road Logistics Market

28.1. Middle East Road Logistics Market Overview
28.2. Middle East Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Road Logistics Market

29.1. Africa Road Logistics Market Overview
29.2. Africa Road Logistics Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Road Logistics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Road Logistics Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Road Logistics Market Competitive Landscape And Company Profiles

30.1. Road Logistics Market Competitive Landscape
30.2. Road Logistics Market Company Profiles
- 30.2.1. DHL International GmbH
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Deutsche Post AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. United Parcel Service Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. FedEx Corp.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Xiamen Xiangyu Co. Ltd.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Road Logistics Market Other Major And Innovative Companies

31.1. CEVA Logistics Inc.
31.2. Kuehne Nagel Management AG
31.3. Noatum Logistics USA LLC
31.4. Penske Corp.
31.5. C H Robinson Worldwide Inc.
31.6. J.B. Hunt Transport Services Inc.
31.7. Ryder System Inc.
31.8. XPO Logistics Inc.
31.9. Knight Swift Transportation Holdings Inc.
31.10. Schneider National Inc.
31.11. ArcBest Corp.
31.12. Yellow Corp.
31.13. GEFCO S.A.
31.14. Saltchuk
31.15. Werner Enterprises Inc.

32. Global Road Logistics Market Competitive Benchmarking

33. Global Road Logistics Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Road Logistics Market

35. Road Logistics Market Future Outlook and Potential Analysis

35.1 Road Logistics Market In 2028 - Countries Offering Most New Opportunities
35.2 Road Logistics Market In 2028 - Segments Offering Most New Opportunities
35.3 Road Logistics Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer