Press release
Increasing Cross-Border Trade Ignites Growth In The Road Freight Transport Market: The Driving Engine Behind Road Freight Transport Market Evolution in 2025
Road Freight Transport
Road Freight Transport Market Size Growth Forecast: What to Expect by 2025?
The market size of road freight transport has robustly expanded in the preceding years. It is expected to surge from $104.08 billion in 2024 to $110.75 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.4%. Factors such as economic expansion, enhancement of infrastructure, regulatory framework, global interconnectedness, fuel price fluctuations, and consumer behavior have contributed to this growth during the historic period.
How Will the Road Freight Transport Market Size Evolve and Grow by 2029?
It is anticipated that the size of the road freight transport market will witness substantial growth in the forthcoming years. The market is predicted to expand to "$146.97 billion by 2029, progressing at a compound annual growth rate (CAGR) of 7.3%. The expansion during this forecast period can be credited to factors such as sustainability efforts, development in infrastructure, urbanization phenomena, supply chain robustness, and regulatory alterations. Leading trends for the anticipated period include the progression of digitalization and automation, green initiatives and sustainability, the surge in e-commerce, resilience and transparency of supply chain, and cooperative logistics.
View the full report here:
https://www.thebusinessresearchcompany.com/report/road-freight-transport-global-market-report
What Drivers Are Propelling the Growth of Road Freight Transport Market Forward?
The growth of the road freight transport market is anticipated to be fueled by the expansion of cross-border trade. Cross-border trade involves the sale of a product from one country to a buyer in another, facilitated by B2C, encompassing the import, export or transit of capacity or energy as per the terms of the license. Road transport plays a vital role in cross-border trade as it enhances commodity movement, boosts connectivity and fosters economic development. For example, the Bureau of Transportation Statistics, a US government agency, reported in August 2023 that U.S. international trade reached a total of $6.5 trillion in 2022. Of this, Canada and Mexico made up 24%, amounting to $1.57 trillion, over 654 million tons in freight. Consequently, the upsurge in cross-border trade is stimulating the growth of the road freight transport market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10163&type=smp
Which Emerging Trends Are Transforming the Road Freight Transport Market in 2025?
Innovations in technology are increasingly becoming popular trends within the road freight transport industry. Preserving their market standings, leading companies are focusing on creating novel technical advancements. For example, in March 2023, the US-based holding company ArcBest Corporation, known for truckload and less-than-truckload freight, introduced Vaux. This innovative freight movement technology reshapes internal logistics processes to enhance efficiency and improve supply chains. Vaux is a state-of-the-art fusion of technology and software that modernizes and transforms the way goods are handled, from loading to unloading and transportation. Thanks to Vaux, it is possible to empty a trailer's full load in less than five minutes, and the company offers comprehensive visibility of the goods' movements within warehouse premises, on the dock, and on the road. This results in exceptional efficiencies and seamless warehouse operations.
What Are the Key Segments in the Road Freight Transport Market?
The road freight transport market covered in this report is segmented -
1) By Type of Carrier: Full Truckload, Less-Than-Truckload
2) By Vehicle Type: Light Commercial Vehicle, Medium Commercial Vehicle, Heavy Commercial Vehicle
3) By Operation: Domestic, International
4) By End-User: Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Other End-Users
Subsegments:
1) By Full Truckload (FTL): Standard FTL, Temperature-Controlled FTL, Flatbed FTL, Dedicated FTL
2) By Less-Than-Truckload (LTL): Standard LTL, Expedited LTL, Scheduled LTL, Guaranteed LTL
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10163&type=smp
Who Are the Key Players Shaping the Road Freight Transport Market's Competitive Landscape?
Major companies operating in the road freight transport market include Cargo Carriers Ltd., CEVA Logistics AG, CJ Logistics Corp., Deutsche Bahn AG, FedEx Corp., Fercam Spa, Ital Logistics Ltd., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., KLG Europe, Kuehne and Nagel International AG, Nippon Express Holdings Inc, United Parcel Service Inc., Yellow Corporation, First European Logistics Ltd., Alkom-Trans SIA, DHL Supply Chain, C.H. Robinson Worldwide Inc., XPO Logistics Inc., Schneider National Inc., Old Dominion Freight Line Inc., Knight-Swift Transportation, Landstar System Inc., Werner Enterprises Inc., Saia Inc., Estes Express Lines, ArcBest Corporation, Ryder System Inc., Southeastern Freight Lines, ABF Freight System Inc., Roadrunner Transportation Systems Inc., Averitt Express Inc., Dayton Freight Lines Inc., Holland Inc., Pitt Ohio Express, R+L Carriers, Crete Carrier Corporation, CRST International Inc., Heartland Express Inc., Bison Transport Inc., Wilson Logistics Limited
What Geographic Markets Are Powering Growth in the Road Freight Transport Market?
North America was the largest region in the road freight transport market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global road freight transport market report during the forecast period. The regions covered in the road freight transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10163
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Increasing Cross-Border Trade Ignites Growth In The Road Freight Transport Market: The Driving Engine Behind Road Freight Transport Market Evolution in 2025 here
News-ID: 4096984 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Automotive Solenoid Marke …
The automotive solenoid market is on the verge of significant expansion as advancements in technology and vehicle electrification continue to accelerate. Increasing integration of smart systems and the growing demand for efficient, eco-friendly automotive solutions are set to drive this market's development through the end of the decade.
Expected Growth Trajectory for the Automotive Solenoid Market by 2030
The automotive solenoid market is projected to reach a valuation of $7.81 billion…
Automotive Night Vision System Market Analysis: Major Segments, Strategic Develo …
The automotive night vision system market is set to experience significant expansion over the coming years, driven by technological advancements and growing safety demands. As vehicle manufacturers continue to integrate more sophisticated safety features, this market shows promising potential for rapid growth and innovation through 2030.
Projected Expansion of the Automotive Night Vision System Market Size Through 2030
The market size for automotive night vision systems is anticipated to reach $7.24…
Segment Analysis and Major Growth Areas in the Automotive HVAC Market
The automotive HVAC market is on a trajectory of significant growth as vehicle climate control systems evolve with advanced technologies. Innovations aimed at improving energy efficiency and passenger comfort are driving the sector forward, setting the stage for substantial expansion through 2030. Let's explore the current market size, key players, influential trends, and detailed segment insights shaping this dynamic industry.
Automotive HVAC Market Size and Growth Outlook Through 2030
The automotive…
Key Strategic Developments and Emerging Changes Shaping the Automotive Electroni …
The automotive electronic controller market is on track for impressive expansion as technology continues to transform the automotive sector. With the industry embracing smarter and more connected vehicle systems, the demand for advanced controllers that manage and optimize vehicle functions is rapidly increasing. Below, we explore the market's projected growth, key players, notable trends, and the main segments shaping this dynamic field.
Projected Market Size and Growth of the Automotive Electronic…
More Releases for Transport
Route Runners Auto Transport: Making Open Car Transport Easy
When it comes to shipping a vehicle, choosing the right transport method is key. For many individuals and businesses, open car transport remains the most cost-effective and efficient option. At Route Runners Car Transport Company [http://routerunnersautotransport.com/], customers can count on professional and affordable open car shipping services, backed by years of experience and a strong reputation in the auto transport industry.
Route Runners Car Transport Company is a trusted name offering…
Industry Leader CRC Transport Expands Auto Transport Services Nationwide
CRC Transport strengthens its footprint with expanded vehicle shipping and fleet logistics services, ensuring reliable transport for businesses and individuals.
Image: https://www.globalnewslines.com/uploads/2025/03/66f8b949bd58a433ce3f4cd0883e60c1.jpg
CRC Transport LLC [https://crctransport.us/], a leading provider of auto transport services [https://web.facebook.com/crctransportllc?_rdc=1&_rdr], is expanding operations across the United States to meet growing demand. The company is increasing its capacity to ensure businesses and individuals can access reliable and efficient vehicle transportation solutions.
With over a decade of industry experience, CRC Transport…
Countrywide Auto Transport Houston Launches Innovative Vehicle Transport Service …
Countrywide Auto Transport Houston has launched an innovative vehicle transport service aimed at providing fast, safe, and reliable auto shipping solutions across the U.S. This new service features advanced real-time tracking, nationwide coverage, and full insurance protection for transported vehicles, making it easier for individuals, dealerships, and businesses to ship vehicles with peace of mind.
Houston, TX - September 23, 2024 - Countrywide Auto Transport Houston [https://maps.app.goo.gl/b5yufLqmkrWr4VDp9], a trailblazer in the…
Refrigerated Transport Market Forecast Report by Mode of Transportation (Refrige …
The Refrigerated Transport Market
The global refrigerated transport market is on a trajectory of significant growth, with projections indicating an increase from $17.77 billion in 2023 to $27.07 billion by 2032. This expansion represents a compound annual growth rate (CAGR) of 4.79% from 2024 to 2032. The market's growth is primarily driven by the increasing demand for temperature-controlled logistics in supply chains to maintain the efficacy and shelf life of sensitive…
Countrywide Auto Transport Houston Introduces Innovative Vehicle Transport Solut …
Image: https://www.getnews.info/uploads/be5093d1c5731a7172fd589950dccdc0.png
Houston, TX - July 23, 2024 - Countrywide Auto Transport Houston, a leading player in the auto transport industry, is thrilled to announce the launch of its revolutionary vehicle transport services. This groundbreaking development is set to transform the way vehicles are transported across the nation, reaffirming Countrywide Auto Transport Houston's dedication to innovation and excellence in the auto transport sector.
Revving up the excitement, Countrywide Auto Transport Houston [https://maps.app.goo.gl/GYzGNcorAN4yzpeM6]…
Road Haulage Market SWOT Analysis by Key Players: Kindersly Transport, AM Cargo …
The business of transporting goods and service via roads is called road haulage. Haulage is the process of shifting goods from one place other either vertically or horizontally.
The road haulage market is expected to expand at a notable growth rate during the forecast period owing to the increase in demand for rapid, safe, and efficient ground transportation. Expansion of transportation and automotive industries has propelled the road haulage market. Increase…
