North America Freight and Logistics Market to Reach USD 2073.27 Billion by 2031, Says Mordor Intelligence

Mordor Intelligence has published a new report on the North America freight and logistics market, offering a comprehensive analysis of trends, growth drivers, and future projections
North America Freight and Logistics Market Overview

According to Mordor Intelligence, the North America freight and logistics market size [https://www.mordorintelligence.com/industry-reports/north-american-freight-logistics-market?utm_source=abnewswire] was valued at USD 1641.37 billion in 2025 and is estimated to grow to USD 1706.53 billion in 2026, reaching USD 2073.27 billion by 2031, registering a CAGR of 3.97% during 2026-2031. The North America freight and logistics market continues to expand as trade integration, e-commerce activity, and infrastructure investment strengthen supply chain connectivity across the United States, Canada, and Mexico.

Trade under regional agreements and growing supply chain coordination among the three countries are reinforcing the importance of the North America freight and logistics market forecast. Logistics providers are expanding networks across major trade corridors and investing in digital tools to improve cargo visibility, shipment management, and delivery timelines.

Key Growth Drivers in the North America Freight and Logistics Market

Rising E-Commerce Shipments

One of the most important North America freight and logistics market trends is the strong growth in e-commerce shipments. Online retail activity continues to generate large parcel volumes, increasing demand for courier, express, and parcel services across major cities and suburban areas. Logistics companies are expanding urban delivery networks and establishing distribution hubs closer to customers to shorten delivery timelines. Higher parcel density has encouraged carriers to test consolidated delivery models, flexible courier networks, and micro-fulfillment facilities. These developments are strengthening the role of last-mile logistics in the North America freight and logistics industry, especially as consumers increasingly expect faster shipping and convenient returns.

Expansion of Cross-Border Trade Networks

Trade integration between the United States, Canada, and Mexico remains a major contributor to North America freight and logistics market growth. Cross-border commerce continues to generate strong freight flows across highways, rail corridors, and ports. Logistics providers are expanding customs clearance capabilities and developing specialized cross-border services to support manufacturers and exporters. Improved customs processing systems and digital documentation are helping reduce border delays and improve cargo tracking. These operational improvements are strengthening the efficiency of the North America freight and logistics market, particularly along high-volume trade corridors connecting industrial hubs and distribution centers.

Infrastructure Investment and Freight Corridor Development

Infrastructure upgrades are another major factor shaping North America freight and logistics market trends. Government investments in highways, rail lines, ports, and logistics hubs are helping modernize freight networks across the region. These improvements are supporting more efficient cargo movement and increasing the capacity of major transportation corridors. Ports and rail terminals are also adopting automated handling systems and advanced logistics tools to improve operational efficiency. As these projects progress, the North America freight and logistics market forecast indicates steady improvements in supply chain connectivity and cargo handling capabilities.

Near-Shoring and Manufacturing Supply Chains

Manufacturing activity shifting closer to North American markets is influencing freight flows across the region. Industrial investments in Mexico are increasing demand for cross-border transport services and specialized logistics operations. This trend is supporting the expansion of integrated supply chain networks within the North America freight and logistics industry. Manufacturers require coordinated transportation, warehousing, and distribution services to support production schedules and inventory management. As a result, logistics providers are developing integrated service offerings that combine transport, storage, and inventory management within the North America freight and logistics market.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/north-american-freight-logistics-market?utm_Source=abnewswire

North America Freight and Logistics Market Segmentation

By Logistics Function

- Courier, express, and parcel services

- Freight forwarding services

- Freight transport across road, rail, air, and water

- Warehousing and storage operations

- Other value-added logistics services

By End-User Industry

- Agriculture, fishing, and forestry

- Construction

- Manufacturing

- Wholesale and retail trade

- Other commercial and industrial sectors

Explore Our Full Library of Logistics Research Reports: https://www.mordorintelligence.com/market-analysis/logistics?utm_Source=abnewswire

Key Players in the North America Freight and Logistics Industry

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FedEx

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United Parcel Service of America, Inc. (UPS)

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J.B. Hunt Transport, Inc.

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C.H. Robinson

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XPO, Inc.

Conclusion

The North America freight and logistics market forecast indicates steady expansion as trade integration, e-commerce demand, and infrastructure development continue to strengthen regional logistics networks. Increasing cross-border commerce and supply chain coordination are expected to support long-term market growth.

As companies invest in improved transportation networks, warehousing facilities, and digital shipment tracking systems, the industry will continue to improve operational efficiency and cargo visibility. Logistics providers that focus on integrated services and reliable delivery operations are likely to strengthen their presence within the North America freight and logistics market. Overall, expanding trade corridors, growing retail distribution networks, and ongoing supply chain investment will continue to influence market trends in the coming years, reinforcing the region's role as one of the largest logistics hubs in the global economy.

For more insights on the North America freight and logistics market, please visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/north-american-freight-logistics-market?utm_Source=abnewswire

Industry Related Reports:

India Freight and Logistics Market [https://www.mordorintelligence.com/industry-reports/india-freight-logistics-market?utm_Source=abnewswire]

The India Freight and Logistics Market was valued at USD 349.37 billion in 2025 and is projected to grow from USD 383.77 billion in 2026 to USD 592.36 billion by 2031, registering a CAGR of 9.07% during 2026-2031. Growth is driven by expanding e-commerce activity, infrastructure development initiatives such as logistics corridors and dedicated freight corridors, and increasing adoption of digital logistics solutions across supply chains.

South America Cross Border Road Freight Transport Market Size

The South America Cross Border Road Freight Transport Market is expected to increase from USD 37.42 billion in 2025 to USD 39.12 billion in 2026 and reach USD 49.84 billion by 2031, growing at a CAGR of 4.96% during 2026-2031. Rising regional trade agreements, improved road connectivity between neighboring countries, and increasing cross-border e-commerce shipments are key factors supporting market expansion.

Get more insights: https://www.mordorintelligence.com/industry-reports/south-america-cross-border-road-freight-transport-market?utm_Source=abnewswire

South America Air Freight Market Share

The South America Air Freight Market is projected to grow from USD 7.28 billion in 2025 to USD 7.61 billion in 2026 and reach USD 10.72 billion by 2031, registering a CAGR of 7.10% during 2026-2031. The market is being driven by the growth of international trade, increasing demand for time-sensitive shipments such as pharmaceuticals and electronics, and expansion of regional cargo aviation networks.

Get more insights: https://www.mordorintelligence.com/industry-reports/south-america-air-freight-market?utm_Source=abnewswire

About Mordor Intelligence:

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

For any inquiries or to access the full report, please contact:

media@mordorintelligence.com https://www.mordorintelligence.com/

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