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General Freight Trucking Market Analysis, Trends, Growth, Research And Forecast 2032
General Freight Trucking Market
As per the general freight trucking market report by The Business Research Company, with the entry of automated vehicles with high-tech safety measures like cameras, radar, and Lidar sensors guiding the way, companies can save money through less fuel and more frequent schedules.
The global general freight trucking market grew from $859.35 billion in 2022 to $939.3 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The general freight trucking market is expected to grow to $1309.79 billion in 2027 at a CAGR of 8.7%.
Read More On The General Freight Trucking Market Report Here:
https://www.thebusinessresearchcompany.com/report/general-freight-trucking-global-market-report
Major competitors in the general freight trucking market include Xiamen C&D, United Parcel Service Inc., C.H. Robinson Worldwide Inc., FedEx Corporation, XPO Logistics Inc., J.B. Hunt Transport Services, YRC Worldwide Inc., Deutsche Post AG, Old Dominion Freight Line Inc., and Landstar System Inc.
The general freight trucking market is segmented -
• By Type: Local General Freight Trucking, Long-Distance General Freight Trucking
• By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications
• By Size: Heavy Trucks, Medium Trucks, Light Trucks
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the general freight trucking market.
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General freight trucking refers to a mode of transportation that provides general freight trucking services. Establishments in the general freight trucking industry handle a wide variety of commodities, generally palletized and transported in a container or van trailer, and network activities such as local pickup, local sorting, and terminal operations; line hauling; destination sorting and terminal operations; and local delivery.
The Table Of Content For The General Freight Trucking Market Include:
1. Executive Summary
2. Report Structure
3. General Freight Trucking Market Characteristics
4. General Freight Trucking Market Product Analysis
5. General Freight Trucking Market Supply Chain
6. General Freight Trucking Market Customer Information
……
21. Key Mergers And Acquisitions In The General Freight Trucking Market
22. Market Background: Truck Transportation Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global General Freight Trucking Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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