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Cross-Border Road Transport Market Share

Report ID: GMI10293
Published Date: Jul 2024
Report Format: PDF

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Cross-Border Road Transport Market Share

DHL International GmbH, FedEx Corporation, and UPS dominate the market with around 10% of the market share. DHL International offers a comprehensive suite of express, freight forwarding, and contract logistics solutions. They boast a strong presence in Europe and a vast international network, connecting businesses and consumers across over 220 countries and territories. Their focus on innovation includes integrating real-time tracking, IoT sensors, and blockchain technology for efficient cross-border road transport.

A global leader in express delivery, FedEx Corporation provides a wide range of services including overnight shipping, freight forwarding, and logistics solutions. They operate a robust air cargo network and extensive ground transportation infrastructure, facilitating rapid and reliable deliveries worldwide. The company is actively expanding its cross-border e-commerce service to streamline customs clearance for online retailers between the U.S. and Canada.

UPS offers a broad spectrum of services, including express delivery, supply chain management, and freight forwarding. They're known for their efficient package tracking systems and established global network. They also focus on innovation, with investments in automation and autonomous delivery vehicles to enhance efficiency and cater to the growing e-commerce market.

Cross-Border Road Transport Market Companies

Major players operating in the cross-border road transport industry are:

DHL Supply Chain
FedEx Corporation
United Parcel Service (UPS)
DB Schenker
Kuehne + Nagel
C.H. Robinson
Nippon Express
J.B. Hunt Transport Services
Ryder System
XPO Logistics

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of cross-border road transport reached USD 251.6 billion in 2023 and is set to witness over 6.4% CAGR between 2024 and 2032, as the economy is fueling the overall demand for goods, both domestically and internationally.

The freight transport segment in the cross-border transport industry accounted for over 75% share in 2023, due to its efficiency and reduced risk of damage.

North America market held 32% share in 2023, owing to the growth of logistics and trade infrastructure.

DHL Supply Chain, FedEx Corporation, United Parcel Service (UPS), DB Schenker, Kuehne + Nagel, C.H. Robinson, Nippon Express, J.B. Hunt Transport Services, Ryder System, and XPO Logistics.