General Freight Trucking Market Report 2032 - By Growth Rate, Market Value, Major Drivers, Forecast To 2032

The Business Research Company's latest "Global General Freight Trucking Opportunities And Strategies Market Report - Forecast To 2032"is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry

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The global general freight trucking market grew from $881.01 billion in 2022, having increased at a compound annual growth rate (CAGR) of 5.3% since 2017. The market is expected to grow from $881.01 billion in 2022 to $1,399.74 billion in 2027 at a rate of 9.7%. The market is then expected to grow at a CAGR of 10.1% from 2027 and reach $2,264.20 billion in 2032.

General freight trucking refers to services provided by trucking companies that specialize in transporting different types of cargo for short and long distances. General freight trucking is a crucial component of the transportation industry, responsible for delivering a wide range of goods, including consumer products, industrial materials and other commodities.

Trucking platooning is gaining traction in the general freight trucking market, as it improves transit safety and efficiency. Truck platooning is the process of linking two or more trucks or a fleet of vehicles using connected and automotive technology in braking and acceleration, while maintaining a pre-set distance between each vehicle. Under this process, the truck leading the fleet is generally a regular truck with a driver, followed by the automated or semi-automated 'platoon'. The truck platooning technique provides various benefits, such as a reduction in carbon emissions. According to the European Automobile Manufacturers Association (ACEA), platooning can reduce CO2 emissions by nearly 10% for the leading vehicle and more than 15% for the trailing vehicles. Further, the technology also leads to lower operating and warehousing costs. This technology in trucking will result in a 45% decline in operating costs in the USA. Additionally, truck platooning has projected reductions in warehousing costs of 15% to 30%. As a result, the majority of the companies involved in truck transportation services are utilizing this technology. Companies, including DHL Freight, have reported 5% to 15% fuel savings through truck platooning.

General Freight Trucking Market Segmentation:
• By Type -
a) Local General Freight Trucking
b) Long-Distance General Freight Trucking
• By Application-
a) Oil And Gas
b) Industrial And Manufacturing
c) Energy And Mining
d) Food And Beverages
e) Pharmaceuticals And Healthcare
f) Other Applications
• By Size-
a) Heavy Trucks
b) Medium Trucks
c) Light Trucks
• By Geography -
o Asia Pacific
• China
• India
• Bangladesh
• Japan
• Australia
• Indonesia
• South Korea
• Hong Kong
• Malaysia
• New Zealand
• Philippines
• Singapore
• Thailand
• Vietnam
o North America
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Chile
• Colombia
• Peru
o Western Europe
• UK
• Germany
• France
• Austria
• Belgium
• Denmark
• Finland
• Ireland
• Italy
• Netherlands
• Norway
• Portugal
• Spain
• Sweden
• Switzerland
o Eastern Europe
• Russia
• Czech Republic
• Poland
• Romania
• Ukraine
o Middle East
• Saudi Arabia
• Israel
• Iran
• Turkey
• UAE
o Africa
• Egypt
• Nigeria
• South Africa

Some of the key players involved in the General Freight Trucking market are United Parcel Service, Inc., Deutsche Post AG, FedEx Corporation, C.H. Robinson Worldwide, Inc, J.B. Hunt Transport Services.

The regions covered in the global General Freight Trucking market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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A Few Points From The Table Of Content
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
........
24. Key Mergers And Acquisitions
25. Market Background: Truck Transport Market
26. Opportunities And Strategies
27. General Freight Trucking Market, Conclusions And Recommendations
28. Appendix

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