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Road Haulage Market Share

Report ID: GMI6732
Published Date: Sep 2023
Report Format: PDF

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Road Haulage Market Share

Major companies operating in the road haulage market are:

UPS Freight
FedEx Freight
DHL Freight
XPO Logistics
C.H. Robinson
J.B. Hunt Transport Services
Schneider National

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of road haulage reached USD 3.4 trillion in 2022 and is set to register over 6% CAGR from 2023 to 2032, due to the increasing need for the efficient movement of goods, driven by rising e-commerce, manufacturers, and international trades worldwide.

The medium vehicle segment held over 48% of the market share in 2022, owing to the need for facilitating international trade flows through transportation of goods to & from ports, airports, and distribution centers.

Asia Pacific recorded more than 58% of the market share in 2022, owing to the growing number of partnerships focusing on enhancing the remote area connectivity & infrastructure in the region.

UPS Freight, FedEx Freight, DHL Freight, XPO Logistics, C.H. Robinson, J.B. Hunt Transport Services, and Schneider National are some of the major road haulage companies worldwide.