Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 1.38 Trillion |
Market Size (2030) | USD 1.67 Trillion |
CAGR (2025 - 2030) | 3.84 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
United States Freight and Logistics Market Analysis
The United States Freight and Logistics Market size is estimated at 1.38 trillion USD in 2025, and is expected to reach 1.67 trillion USD by 2030, growing at a CAGR of 3.84% during the forecast period (2025-2030).
The United States freight logistics industry is undergoing significant transformation driven by substantial infrastructure investments and modernization initiatives. The Biden administration's Bipartisan Infrastructure Law (BIL) has emerged as a cornerstone of industry development, with over USD 568 billion already disbursed across more than 66,000 projects and awards by November 2024. This unprecedented investment includes USD 350 billion allocated specifically for highway programs through September 2026, demonstrating the government's commitment to strengthening the nation's logistics backbone. The comprehensive approach encompasses various infrastructure sectors, including roads, bridges, mass transit, water systems, resilience efforts, and broadband services, creating a robust foundation for future growth.
The maritime sector is experiencing substantial developments with the Maritime Administration's Port Infrastructure Development Program securing over USD 653 million for 41 port improvement projects nationwide. This investment is particularly significant considering that more than 2.3 billion short tons of domestic and international US commerce rely on freight transportation via water transport. The Federal Railroad Administration's announcement in July 2024 of USD 153 million in funding for intercity rail services further demonstrates the government's commitment to multimodal transportation development. These investments aim to enhance supply chain reliability, improve workforce development, and accelerate the movement of goods across the country.
The logistics industry is witnessing notable pricing adjustments and operational changes among major carriers. In November 2023, UPS implemented a significant change in its fuel surcharge structure, raising rates for US ground parcel and SurePost deliveries by 50 basis points to 15.25%. Similarly, OnTrac announced a 6.2% increase in tariff rates for 2024, introducing a tiered pricing system that differentiates between haul distances. These pricing strategies reflect the industry's adaptation to changing operational costs and market demands while maintaining service quality and efficiency.
The aviation sector is experiencing substantial support through the Federal Aviation Administration's recent announcement of USD 1.9 billion in grants for 519 projects across 48 states, Guam, Puerto Rico, and other territories. This funding, part of the Airport Improvement Program (AIP), represents the largest grant allocation in the program's history and includes an additional USD 269 million in Supplemental Discretionary Grants for 2023 supporting 62 projects at 56 U.S. airports. These investments focus on enhancing airport safety, implementing sustainability upgrades, and reducing noise pollution, demonstrating a comprehensive approach to modernizing air freight logistics infrastructure and improving overall logistics industry efficiency.
United States Freight and Logistics Market Trends
United States leads regional GDP with 86% contribution, driven by infrastructure and supply chain investments
- In September 2024, the FAA, under the US Department of Transportation, allocated USD 1.9 billion in grants for 519 projects. These projects span 48 states, Guam, Puerto Rico, and other territories, all part of the Airport Improvement Program (AIP). Additionally, USD 269 million in Supplemental Discretionary Grants for 2023 will back 62 projects at 56 U.S. airports. This competitive initiative aids airport owners and operators in enhancing the U.S. airport system. Marking its largest round yet, this fifth AIP grant cycle funds diverse projects, from airport safety and sustainability upgrades to noise reduction. The grants cater to airports nationwide, regardless of size.
- With infrastructure development and the e-commerce boom, the transportation and storage sector is set for a job surge. The Bureau of Labor Statistics (BLS) projects a 0.8% annual growth rate from 2022 to 2032, translating to nearly 570,000 new jobs. Notably, the couriers and messengers industry, alongside warehousing and storage, is expected to drive about 80% of this job growth.
In 2022, the U.S. imported 6.28 million bpd of crude oil from 80 countries, continuing its streak as a net crude oil importer
- By October 2024, just ahead of the presidential election, U.S. gasoline prices were poised to dip below USD 3 a gallon for the first time in over three years. This anticipated drop in fuel prices, primarily driven by waning demand and declining oil prices, offers a much-needed respite to consumers grappling with inflationary pressures. As of September 2024, regular gas averaged USD 3.25 a gallon, marking a 19-cent decrease from the previous month and a 58-cent drop from the same time last year.
- Crude oil prices, as per the U.S. Energy Information Administration (EIA), remained stable in 2024, mirroring 2023 levels, before expected downturn in 2025. The U.S. bolstered its operable refining capacity in 2023, a move expected to ease price pressures on oil products in the subsequent two years. Meanwhile, Kuwait and other parts of the Middle East are ramping up international refining capacities, further alleviating global price pressures on gasoline and diesel. Additionally, narrowing crack spreads in 2024 could translate to reduced average retail fuel prices in both 2024 and 2025, with projections of USD 3.36/gal in 2024 and USD 3.24/gal in 2025.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- US population growth is supported by net international migration, with 60% of counties growing
- US oil production stabilizes at 13.2 million barrels per day, while major companies pursue mergers for Permian Basin output
- The number of e-commerce users in the United States is expected to reach 333 million by 2029
- United States leads regional GDP with 86% contribution, driven by infrastructure and supply chain investments
- US imports from Mexico reached USD 475.6 billion in 2023, up 5% from 2022
- Over 12,000 medium- and heavy-duty electric trucks were put into service across the US between 2019 and 2023
- New commercial truck sales declined in Q2 2024, due to drop in Class 8 truck sales
- Oil tankers and container ships expected increasing capacity due to rising imports and exports
- Port volumes witnessing a rise supported by Government investments towards port infrastructure development
- Rising freight volumes supported by USD 550 billion investment by US Government from 2022 till 2026
- Retail sales in the United States expanded by 3.2% YoY in 2023 supported by consumer spending
- Residue impact of economic shutdown on global supply chains led to an increase in food and energy prices
- Small- and medium-sized manufacturers (SMMs) comprise 98% of the US manufacturing firms as of 2023
- The United States is projected to become the world's fifth-largest rice exporter, with 3.1 million tons by 2031-32
- The trucking industry is expected to recruit nearly 1.2 million drivers over the next ten years to replace drivers leaving
- US boosts highway investment by 55% to improve infrastructure, targeting supply chain efficiency by 2026
- Rising government efforts to support land (road and rail) mode of transport, with rising infrastructure investments
- US amongst top 5 global shipping networks, supported by port infrastructure development of USD 450 million
- Growing demand for freight services leading to growing air cargo rates and truck driver wages in the United States
- The US government plans to invest USD 550 billion in repairing existing infrastructure till 2026
Segment Analysis: End User Industry
Wholesale and Retail Trade Segment in US Freight and Logistics Market
The wholesale and retail trade segment dominates the US logistics market, commanding approximately 31% market share in 2024. This segment's prominence is largely driven by robust growth in retail sales, with total retail sales (excluding automobiles and gasoline) showing a 2.11% year-over-year increase in August 2024. The segment's strength is further bolstered by significant infrastructure investments, particularly in the United States Postal Service, which has increased its daily processing capacity to nearly 60 million packages. The e-commerce sector's continued expansion plays a crucial role, with the number of e-commerce users expected to reach 289.9 million by 2027. Additionally, the quick commerce market, focusing on rapid deliveries, especially for grocery products, is projected to reach nearly USD 40 billion by 2027, further solidifying the segment's market leadership.
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Manufacturing Segment in US Freight and Logistics Market
The manufacturing segment is emerging as the fastest-growing sector in the US freight logistics industry, with significant developments shaping its trajectory through 2024-2029. The segment's growth is being driven by substantial changes in the industrial environment, particularly the widespread adoption of Industry 4.0 technologies, including artificial intelligence (AI), robotics, automation, and the Industrial Internet of Things (IIoT). Production at US factories has shown remarkable resilience, growing by 1.1% year-over-year in June 2024. The segment's expansion is further supported by federal initiatives aimed at increasing supply chain resilience, particularly benefiting the small and medium-sized manufacturers (SMMs) that comprise 98% of US manufacturing firms. The integration of advanced technologies and automation solutions is expected to significantly enhance productivity and operational efficiency across the manufacturing logistics market segmentation.
Remaining Segments in End User Industry
The other segments in the US freight and logistics market include construction, oil and gas, mining and quarrying, agriculture, fishing and forestry, and various other industries. The construction segment is experiencing significant growth driven by major infrastructure projects and government initiatives like the Bipartisan Infrastructure Law. The oil and gas, mining and quarrying segment is benefiting from new project developments, particularly in upstream operations. The agriculture, fishing and forestry segment is seeing increased activity due to rising agricultural exports and government support for refrigerated storage facilities. These segments collectively contribute to the market's diversity and overall growth, each bringing unique requirements and opportunities for freight service providers.
Segment Analysis: Logistics Function
Freight Transport Segment in US Freight and Logistics Market
The Freight Transport segment maintains its dominant position in the United States freight logistics industry, accounting for approximately 45% of the total market value in 2024. This segment's strong performance is driven by significant infrastructure investments, including the Bipartisan Infrastructure Law, which allocated USD 350 billion for highway programs through September 2026. The segment's robustness is further evidenced by the diverse modal mix, with road freight leading the way, followed by rail, sea, and air transport services. The US government's commitment to modernizing transportation infrastructure, including a USD 653 million investment in port improvement projects announced in November 2023, has strengthened this segment's market position. Additionally, the segment benefits from the growing integration of digital technologies and automation in freight transportation logistics, with major carriers implementing advanced tracking systems and autonomous vehicle technologies to enhance operational efficiency.
Air Freight Transport Segment in US Freight and Logistics Market
The Air Freight Transport segment is emerging as the fastest-growing category in the market, projected to expand at approximately 4.4% during 2024-2029. This growth is primarily driven by the surge in e-commerce activities and the increasing demand for time-sensitive deliveries. The segment's expansion is supported by significant infrastructure developments, including the Bipartisan Infrastructure Law's allocation of USD 15 billion for airport projects. The Biden-Harris Administration's announcement of an additional USD 1 billion in airport funding in February 2023, benefiting 99 airports nationwide, has further accelerated this growth. The segment is also witnessing increased adoption of advanced technologies, with major carriers investing in automated sorting systems and digital tracking solutions to improve efficiency and reliability. The rise of cross-border e-commerce and the growing preference for expedited shipping services continue to fuel the segment's rapid expansion.
Remaining Segments in Logistics Function
The other significant segments in the transportation logistics industry include Courier, Express, and Parcel (CEP), Freight Forwarding, and Warehousing and Storage services. The CEP segment has gained substantial traction due to the exponential growth in e-commerce and last-mile delivery services, with major freight logistics companies expanding their networks and implementing innovative delivery solutions. The Freight Forwarding segment continues to evolve with the integration of digital platforms and blockchain technology, enhancing transparency and efficiency in international trade operations. The Warehousing and Storage segment has witnessed significant transformation with the adoption of automation and robotics, particularly in fulfillment centers and distribution facilities. These segments collectively contribute to the market's comprehensive logistics ecosystem, each playing a crucial role in maintaining supply chain continuity and meeting diverse customer requirements.
United States Freight and Logistics Industry Overview
Top Companies in United States Freight and Logistics Market
The market is led by established players like UPS, FedEx, C.H. Robinson, J.B. Hunt Transport, and DHL Group. Companies are increasingly focusing on technological innovation, particularly in automation, artificial intelligence, and digital platforms to enhance operational efficiency and customer experience. Major logistics companies in transport are expanding their infrastructure through new facilities, warehouses, and distribution centers while simultaneously investing in sustainable solutions like electric vehicles and alternative fuels. Strategic partnerships, especially in the technology sector, have become crucial for developing advanced logistics solutions in the US and improving supply chain visibility. The industry is witnessing a significant push towards end-to-end digitalization, with companies developing proprietary platforms and integrating emerging technologies like blockchain and IoT to streamline operations and provide better tracking capabilities.
Market Consolidation Drives Industry Evolution Pattern
The United States freight and logistics market exhibits a fragmented structure with a mix of global logistics giants and specialized regional players. The top tier consists of multinational corporations with extensive networks and comprehensive service portfolios, while regional players focus on specific geographic areas or specialized services. The market has witnessed significant consolidation through mergers and acquisitions, particularly in specialized segments like temperature-controlled logistics and e-commerce fulfillment services. Companies are increasingly pursuing vertical integration strategies to offer comprehensive end-to-end solutions and strengthen their market positions.
The industry landscape is characterized by intense competition, with companies differentiating themselves through service quality, network coverage, and technological capabilities. Global players leverage their international networks and advanced technological infrastructure to maintain market leadership, while regional players compete through specialized services and local market expertise. The market has seen increased participation from technology-driven logistics startups, particularly in last-mile delivery and digital freight forwarding, leading to heightened competition and innovation in service delivery models.
Innovation and Sustainability Drive Future Growth
Success in the market increasingly depends on companies' ability to adapt to evolving customer demands and technological advancements. Incumbents must focus on developing integrated digital solutions, expanding their sustainable transportation options, and optimizing their network efficiency through advanced analytics and automation. Companies need to invest in building robust e-commerce capabilities, enhancing last-mile delivery solutions, and developing specialized services for high-growth sectors like healthcare and technology. The ability to provide customized solutions while maintaining cost efficiency will be crucial for maintaining competitive advantage.
Market contenders can gain ground by focusing on niche markets, developing innovative service models, and leveraging technology to improve operational efficiency. Companies must prioritize sustainability initiatives and invest in green logistics solutions to meet growing environmental concerns and regulatory requirements. The increasing focus on supply chain resilience presents opportunities for companies offering specialized risk management and alternative routing solutions. Success will also depend on building strong partnerships with technology providers, developing flexible service models, and maintaining agility in responding to market changes and customer needs. Leading USA logistics companies are at the forefront of these initiatives, setting benchmarks for the industry.
United States Freight and Logistics Market Leaders
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C.H. Robinson
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DHL Group
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FedEx
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J.B. Hunt Transport, Inc.
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United Parcel Service of America, Inc. (UPS)
- *Disclaimer: Major Players sorted in no particular order
United States Freight and Logistics Market News
- September 2024: DSV completed the acquisition of Schenker from Deutsche Bahn for EUR 14.3 billion (around USD 15.78 billion). Following the acquisition, DSV and Schenker was expected to achieve a combined revenue of about EUR 39.3 billion (USD 43.73 billion) (based on 2023 estimates) and employ roughly 147,000 individuals across over 90 nations. Beyond expanding its global footprint, the Schenker acquisition was expected to enhance DSV's growth trajectory and its commitment to a more sustainable, digital future in transport and logistics.
- September 2024: FedEx partnered with and invested in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. FedEx offered a comprehensive approach to help e-commerce and omnichannel brands make faster, smarter supply chain decisions. With more than 130 warehouse and fulfillment operations in North America and 475 million returns processed annually, FedEx Supply Chain helped brands consolidate functions, increase agility, and accelerate click-to-door speed to maximize supply chain value. To support this alliance, FedEx invested in Nimble.
- August 2024: FedEx introduced new digital visibility products to enhance the experience for shippers and recipients by merging digital solutions with essential data. These paid solutions catered to the rising market demand for advanced data analytics. These products were crafted to deliver real-time insights and predictive analytics, enhancing the post-purchase journey for customers. Furthermore, FedEx's paid data integration solutions provided access to third-party providers for shipment tracking information, including the Track API, Track EDI, and newly introduced webhook subscriptions, all designed to enhance premium post-purchase tracking and supply chain visibility.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export and import trends, maritime connectivity Indices, port calls and performance among other key indicators.
United States Freight and Logistics Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Demographics
- 4.2 GDP Distribution By Economic Activity
- 4.3 GDP Growth By Economic Activity
- 4.4 Inflation
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4.5 Economic Performance And Profile
- 4.5.1 Trends in E-Commerce Industry
- 4.5.2 Trends in Manufacturing Industry
- 4.6 Transport And Storage Sector GDP
- 4.7 Export Trends
- 4.8 Import Trends
- 4.9 Fuel Price
- 4.10 Trucking Operational Costs
- 4.11 Trucking Fleet Size By Type
- 4.12 Logistics Performance
- 4.13 Major Truck Suppliers
- 4.14 Modal Share
- 4.15 Maritime Fleet Load Carrying Capacity
- 4.16 Liner Shipping Connectivity
- 4.17 Port Calls And Performance
- 4.18 Freight Pricing Trends
- 4.19 Freight Tonnage Trends
- 4.20 Infrastructure
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4.21 Regulatory Framework (Road and Rail)
- 4.21.1 United States
-
4.22 Regulatory Framework (Sea and Air)
- 4.22.1 United States
- 4.23 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes 1. Market value in USD for all segments 2. Market volume for select segments viz. freight transport, CEP (courier, express, and parcel) and warehousing & storage 3. Forecasts up to 2030 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Agriculture, Fishing, and Forestry
- 5.1.2 Construction
- 5.1.3 Manufacturing
- 5.1.4 Oil and Gas, Mining and Quarrying
- 5.1.5 Wholesale and Retail Trade
- 5.1.6 Others
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5.2 Logistics Function
- 5.2.1 Courier, Express, and Parcel (CEP)
- 5.2.1.1 By Destination Type
- 5.2.1.1.1 Domestic
- 5.2.1.1.2 International
- 5.2.2 Freight Forwarding
- 5.2.2.1 By Mode Of Transport
- 5.2.2.1.1 Air
- 5.2.2.1.2 Sea and Inland Waterways
- 5.2.2.1.3 Others
- 5.2.3 Freight Transport
- 5.2.3.1 By Mode Of Transport
- 5.2.3.1.1 Air
- 5.2.3.1.2 Pipelines
- 5.2.3.1.3 Rail
- 5.2.3.1.4 Road
- 5.2.3.1.5 Sea and Inland Waterways
- 5.2.4 Warehousing and Storage
- 5.2.4.1 By Temperature Control
- 5.2.4.1.1 Non-Temperature Controlled
- 5.2.4.1.2 Temperature Controlled
- 5.2.5 Other Services
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 C.H. Robinson
- 6.4.2 Deutsche Bahn AG (including DB Schenker)
- 6.4.3 DHL Group
- 6.4.4 DSV A/S (De Sammensluttede Vognmænd af Air and Sea)
- 6.4.5 Expeditors International of Washington, Inc.
- 6.4.6 FedEx
- 6.4.7 GXO Logistics
- 6.4.8 J.B. Hunt Transport, Inc.
- 6.4.9 Kuehne+Nagel
- 6.4.10 NFI Industries
- 6.4.11 Penske Corporation (including Penske Logistics)
- 6.4.12 United Parcel Service of America, Inc. (UPS)
7. KEY STRATEGIC QUESTIONS FOR FREIGHT AND LOGISTICS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (Market Drivers, Restraints & Opportunities)
- 8.1.5 Technological Advancements
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
- 8.7 Currency Exchange Rate
List of Tables & Figures
- Figure 1:
- POPULATION DISTRIBUTION BY GENDER, COUNT, UNITED STATES, 2017 - 2030
- Figure 2:
- POPULATION DISTRIBUTION BY DEVELOPMENT AREA, COUNT, UNITED STATES, 2017 - 2030
- Figure 3:
- POPULATION DENSITY, POPULATION/SQ. KM, UNITED STATES, 2017 - 2030
- Figure 4:
- GROSS DOMESTIC PRODUCT (GDP) SHARE OF FINAL CONSUMPTION EXPENDITURE (IN CURRENT PRICES), SHARE % OF GDP, UNITED STATES, 2017 - 2023
- Figure 5:
- FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), UNITED STATES, 2017 - 2023
- Figure 6:
- POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, UNITED STATES, 2023
- Figure 7:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, UNITED STATES, 2023
- Figure 8:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, UNITED STATES, 2017-2023
- Figure 9:
- WHOLESALE PRICE INFLATION RATE, %, UNITED STATES, 2017 - 2023
- Figure 10:
- CONSUMER PRICE INFLATION RATE, %, UNITED STATES, 2017 - 2023
- Figure 11:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, UNITED STATES, 2017 - 2030
- Figure 12:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, UNITED STATES, 2023
- Figure 13:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, UNITED STATES, 2017 - 2023
- Figure 14:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, UNITED STATES, 2023
- Figure 15:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, UNITED STATES, 2017 - 2023
- Figure 16:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, UNITED STATES, 2017 - 2023
- Figure 17:
- VALUE OF EXPORTS, USD, UNITED STATES, 2017 - 2023
- Figure 18:
- VALUE OF IMPORTS, USD, UNITED STATES, 2017 - 2023
- Figure 19:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, UNITED STATES, 2017 - 2023
- Figure 20:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, UNITED STATES, 2023
- Figure 21:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, UNITED STATES, 2023
- Figure 22:
- RANK OF LOGISTICS PERFORMANCE, RANK, UNITED STATES, 2010 - 2023
- Figure 23:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, UNITED STATES, 2023
- Figure 24:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, UNITED STATES, 2023
- Figure 25:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, UNITED STATES, 2023
- Figure 26:
- MARITIME FLEET LOAD CARRYING CAPACITY OF COUNTRY FLAGGED VESSELS, DEAD WEIGHT TONNAGE (DWT) BY SHIP TYPE, UNITED STATES, 2017 - 2022
- Figure 27:
- LINER SHIPPING CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, 2016 - 2022
- Figure 28:
- LINER SHIPPING BILATERAL CONNECTIVITY INDEX, UNITED STATES, 2021
- Figure 29:
- PORT LINER SHIP CONNECTIVITY INDEX, BASE=100 FOR Q1 2006, UNITED STATES, 2022
- Figure 30:
- MEDIAN TIME SPENT BY VESSELS WITHIN PORT LIMITS OF THE COUNTRY, DAYS, UNITED STATES, 2018 - 2022
- Figure 31:
- AVERAGE AGE OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, YEARS, UNITED STATES, 2018 - 2022
- Figure 32:
- AVERAGE GROSS TONNAGE OF VESSELS ENTERING THE COUNTRY'S PORTS, GROSS TONNAGE (GT), UNITED STATES, 2018 - 2022
- Figure 33:
- AVERAGE CARGO CARRYING CAPACITY OF VESSELS THAT HAVE CALLED IN THE COUNTRY'S PORTS, DEAD WEIGHT TONNAGE (DWT) PER VESSEL, UNITED STATES, 2018 - 2022
- Figure 34:
- AVERAGE CONTAINER CARRYING CAPACITY PER CONTAINER SHIP FOR VESSELS ENTERING THE PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UNITED STATES, 2018 - 2022
- Figure 35:
- CONTAINER PORT THROUGHPUT, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UNITED STATES, 2016 - 2021
- Figure 36:
- TOTAL NUMBER OF SHIP ARRIVALS IN THE COUNTRY'S PORTS, NUMBER OF PORT CALLS, UNITED STATES, 2018 - 2022
- Figure 37:
- PRICING TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, UNITED STATES, 2017 - 2023
- Figure 38:
- PRICING TREND OF RAIL FREIGHT TRANSPORT SERVICE, USD/TON-KM, UNITED STATES, 2017 - 2023
- Figure 39:
- PRICING TREND OF AIR FREIGHT TRANSPORT SERVICE, USD/TON-KM, UNITED STATES, 2017 - 2023
- Figure 40:
- PRICING TREND OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT SERVICE, USD/TON-KM, UNITED STATES, 2017 - 2023
- Figure 41:
- PRICING TREND OF PIPELINES FREIGHT TRANSPORT SERVICE, USD/TON-KM, UNITED STATES, 2017 - 2023
- Figure 42:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, UNITED STATES, 2017 - 2030
- Figure 43:
- FREIGHT HANDLED BY RAIL TRANSPORT, TONS, UNITED STATES, 2017 - 2030
- Figure 44:
- FREIGHT HANDLED BY AIR TRANSPORT, TONS, UNITED STATES, 2017 - 2030
- Figure 45:
- FREIGHT HANDLED BY SEA AND INLAND WATERWAYS TRANSPORT, TONS, UNITED STATES, 2017 - 2030
- Figure 46:
- FREIGHT HANDLED BY PIPELINES TRANSPORT, TONS, UNITED STATES, 2017 - 2030
- Figure 47:
- LENGTH OF ROADS, KM, UNITED STATES, 2017 - 2023
- Figure 48:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, UNITED STATES, 2023
- Figure 49:
- SHARE OF ROAD LENGTH BY ROAD CLASSIFICATION, %, UNITED STATES, 2023
- Figure 50:
- RAIL LENGTH, KM, UNITED STATES, 2017 - 2021
- Figure 51:
- CONTAINERS HANDLED AT MAJOR PORTS, TWENTY-FOOT EQUIVALENT UNITS (TEUS), UNITED STATES, 2023
- Figure 52:
- CARGO WEIGHT HANDLED AT MAJOR AIRPORTS, TONS, UNITED STATES, 2023
- Figure 53:
- VALUE OF FREIGHT AND LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 54:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, USD, UNITED STATES, 2017 - 2030
- Figure 55:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY END USER INDUSTRY, %, UNITED STATES, 2017 - 2030
- Figure 56:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 57:
- CAGR OF AFF INDUSTRY (AGRICULTURE, FISHING AND FORESTRY) LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 58:
- VALUE OF CONSTRUCTION LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 59:
- CAGR OF CONSTRUCTION LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 60:
- VALUE OF MANUFACTURING LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 61:
- CAGR OF MANUFACTURING LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 62:
- VALUE OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 63:
- CAGR OF EXTRACTIVE INDUSTRY (OIL AND GAS, MINING AND QUARRYING) LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 64:
- VALUE OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 65:
- CAGR OF DISTRIBUTIVE TRADE (WHOLESALE AND RETAIL TRADE) LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 66:
- VALUE OF OTHER END USERS LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 67:
- CAGR OF OTHER END USER LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 68:
- VALUE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, USD, UNITED STATES, 2017 - 2030
- Figure 69:
- VALUE SHARE OF FREIGHT AND LOGISTICS MARKET BY LOGISTICS FUNCTION, %, UNITED STATES, 2017 - 2030
- Figure 70:
- VALUE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION TYPE, USD, UNITED STATES, 2017 - 2030
- Figure 71:
- VALUE SHARE OF COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY DESTINATION TYPE, %, UNITED STATES, 2017 - 2030
- Figure 72:
- VALUE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 73:
- VOLUME OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 74:
- VALUE SHARE OF DOMESTIC COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 75:
- VALUE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 76:
- VOLUME OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET, NUMBER OF PARCELS, UNITED STATES, 2017 - 2030
- Figure 77:
- VALUE SHARE OF INTERNATIONAL COURIER, EXPRESS, AND PARCEL (CEP) MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 78:
- VALUE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, USD, UNITED STATES, 2017 - 2030
- Figure 79:
- VALUE SHARE OF FREIGHT FORWARDING MARKET BY MODE OF TRANSPORT, %, UNITED STATES, 2017 - 2030
- Figure 80:
- VALUE OF AIR FREIGHT FORWARDING MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 81:
- VALUE SHARE OF AIR FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 82:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 83:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT FORWARDING MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 84:
- VALUE OF OTHERS FREIGHT FORWARDING MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 85:
- VALUE SHARE OF FREIGHT FORWARDING MARKET'S OTHERS SEGMENT BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 86:
- VOLUME OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, TON-KM, UNITED STATES, 2017 - 2030
- Figure 87:
- VALUE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, USD, UNITED STATES, 2017 - 2030
- Figure 88:
- VALUE SHARE OF FREIGHT TRANSPORT MARKET BY MODE OF TRANSPORT, %, UNITED STATES, 2017 - 2030
- Figure 89:
- VALUE OF AIR FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 90:
- VOLUME OF AIR FREIGHT TRANSPORT MARKET, TON-KM, UNITED STATES, 2017 - 2030
- Figure 91:
- VALUE SHARE OF AIR FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 92:
- VALUE OF PIPELINES FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 93:
- VOLUME OF PIPELINES FREIGHT TRANSPORT MARKET, TON-KM, UNITED STATES, 2017 - 2030
- Figure 94:
- VALUE SHARE OF PIPELINES FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 95:
- VALUE OF RAIL FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 96:
- VOLUME OF RAIL FREIGHT TRANSPORT MARKET, TON-KM, UNITED STATES, 2017 - 2030
- Figure 97:
- VALUE SHARE OF RAIL FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 98:
- VALUE OF ROAD FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 99:
- VOLUME OF ROAD FREIGHT TRANSPORT MARKET, TON-KM, UNITED STATES, 2017 - 2030
- Figure 100:
- VALUE SHARE OF ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 101:
- VALUE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 102:
- VOLUME OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET, TON-KM, UNITED STATES, 2017 - 2030
- Figure 103:
- VALUE SHARE OF SEA AND INLAND WATERWAYS FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 104:
- VALUE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, USD, UNITED STATES, 2017 - 2030
- Figure 105:
- VALUE SHARE OF WAREHOUSING AND STORAGE MARKET BY TEMPERATURE CONTROL, %, UNITED STATES, 2017 - 2030
- Figure 106:
- VALUE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 107:
- VOLUME OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, UNITED STATES, 2017 - 2030
- Figure 108:
- VALUE SHARE OF NON-TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 109:
- VALUE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 110:
- VOLUME OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET, SQUARE FEET, UNITED STATES, 2017 - 2030
- Figure 111:
- VALUE SHARE OF TEMPERATURE CONTROLLED WAREHOUSING AND STORAGE MARKET BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2030
- Figure 112:
- VALUE OF OTHER SERVICES SEGMENT OF FREIGHT AND LOGISTICS MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 113:
- CAGR OF OTHER SERVICES (VALUE ADDED SERVICES) LOGISTICS MARKET, %, UNITED STATES, 2017 - 2030
- Figure 114:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, UNITED STATES, 2017 - 2023
- Figure 115:
- MOST ADOPTED STRATEGIES, COUNT, UNITED STATES, 2017 - 2023
- Figure 116:
- VALUE SHARE OF MAJOR PLAYERS, %, UNITED STATES
United States Freight and Logistics Industry Segmentation
Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Courier, Express, and Parcel (CEP), Freight Forwarding, Freight Transport, Warehousing and Storage are covered as segments by Logistics Function.End User Industry | Agriculture, Fishing, and Forestry | |||
Construction | ||||
Manufacturing | ||||
Oil and Gas, Mining and Quarrying | ||||
Wholesale and Retail Trade | ||||
Others | ||||
Logistics Function | Courier, Express, and Parcel (CEP) | By Destination Type | Domestic | |
International | ||||
Freight Forwarding | By Mode Of Transport | Air | ||
Sea and Inland Waterways | ||||
Others | ||||
Freight Transport | By Mode Of Transport | Air | ||
Pipelines | ||||
Rail | ||||
Road | ||||
Sea and Inland Waterways | ||||
Warehousing and Storage | By Temperature Control | Non-Temperature Controlled | ||
Temperature Controlled | ||||
Other Services |
Market Definition
- Agriculture, Fishing, and Forestry (AFF) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF industry players. The end user players considered are the establishments primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities. Herein, Logistics Service Providers (LSPs) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Construction - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the construction industry players. The end user players considered are the establishments primarily engaged in constructing, repairing and renovating residential & commercial buildings, infrastructure, engineering works, subdividing and developing land. Logistics Service Providers (LSPs) play a crucial role in increasing profitability of construction projects by maintaing the inventory of raw materials & equipment, time-critical supplies and by providing other value added services for effective project management.
- Courier, Express, and Parcel - The Courier, Express, and Parcel services, often called as CEP Market, refers to the logistics and postal service providers which specialize in moving small goods (parcels/packages). It captures the overall market size (USD) and market volume (number of parcels) of (1) the shipments/parcels/packages which are under 70kgs/ 154lbs weight, (2) Business Customer packages viz. Business-to-Business (B2B) & Business-to-Consumer (B2C) as well as private customer packages (C2C), (3) non-express parcel delivery services (Standard and Deferred) as well as express parcel delivery services (Day-Definite-Express and Time-Definite-Express), (4) domestic as well as international parcels.
- Demographics - To analyse total addressable market demand, population growth & forecasts have been studied and presented in this industry trend. It represents population distribution across categories like gender (male/female), development area (urban/rural), major cities among other key parameters like population density and final consumption expenditure (growth and share % of GDP). This data has been used for assessing the fluctations in demand & consumption expenditure, and the major hotspots (cities) of potential demand.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Freight Forwarding - Freight forwarding which herein refers to the freight transportation arrangement (FTA) industry includes establishments primarily engaged in arranging & tracking transportation of freight between shippers and carriers. Logistics Service Providers (LSPs) considered are freight forwarders, NVOCCs, custom brokers and marine shipping agents. Others segment under Freight Forwarding captures the revenue earned through value added services of FTA like custom brokerage/clearance activities, preparation of freight related documentation, consolidation-deconsolidation of goods, cargo insurance & compliance, arrangement of warehousing & storage, liasing with shippers, and freight forwarding through other modes of transport viz. road and rail.
- Freight Pricing Trends - Freight pricing by mode of transport (USD/tonkm), over the review period, has been presented in this industry trend. The data has been used in assessing the inflationary environment, impact on trade, freight turnover (tonkm), freight and logistics market demand by mode of transport segments and hence the overall freight and logistics market size.
- Freight Tonnage Trends - Freight tonnage (weight of goods in tons) handled by mode of transport, over the review period, has been presented in this industry trend. The data has been used as one of the parameters apart from average distance per shipment (km), freight volume (tonkm), and freight pricing (USD/tonkm) to assess the freight transport market size.
- Freight Transport - Freight Transport refers to the hiring of a logistics service provider (outsourced logistics) for the transport of commodities (raw materials/final/intermediate/finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international).
- Freight and Logistics - External expenditure on (or outsourced) facilitation of freight transport (freight transportation), arrangement of freight transport through an agent (freight forwarding), warehousing and storage (temperature controlled or non-temperature controlled), CEP (domestic or international courier, express and parcel) and other value-added logistics services involved in the transportation of commodities (raw materials or finished goods including both solids and fluids) from the origin to a destination within the country (domestic) or cross-border (international), through one or more modes of transportation viz. road, rail, sea, air and pipelines constitute freight and logistics market.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Infrastructure - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), rail length, volume of containers handled by major ports and tonnage handled by major airports have been analysed and presented in this industry trend.
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Liner Shipping Bilateral Connectivity Index - It indicates a country pair's integration level into global liner shipping networks and plays a crucial role in determining bilateral trade, which in turn potentially contributes toward the prosperity of a country and its surrounding region. Hence the major economies connected to the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
- Liner Shipping Connectivity - This industry trend analyses the state of connectivity to the global shipping networks based on the status of maritime transport sector. It includes the analysis of liner shipping connectivity, bilateral shipping connectivity, and port liner shipping connectivity indices for the geography (country/ region as per scope of the report) over the review period.
- Liner Shipping Connectivity Index - It indicates how well countries are connected to global shipping networks based on the status of their maritime transport sector. It is based on five components of the maritime transport sector: (1) The number of shipping lines servicing a country, (2) The size of the largest vessel used on these services (in TEUs), (3) The number of services connecting a country to the other countries, (4) The total number of vessels deployed in a country, (5) The total capacity of those vessels (in TEUs).
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Major Truck Suppliers - Market share of truck brands is influenced by factors like geographical preferences, portfolio of truck types, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological innovations (like electric vehicles, digitalization, autonomous trucks), fuel efficiency, financing options, annual maintenance costs, availability of substitutes, marketing startegies etc. Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry players. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Maritime Fleet Load Carrying Capacity - Maritime fleet load carrying capacity depicts the development state of an economy's maritime infrastructure & trade. It is influenced by factors like volume of production, international trade, major end user industries, maritime connectivity, environmental regulations, investments in port infrastructure development, port container cargo handling capacity etc. This industry trend represents the maritime fleet load carrying capacity by type of ship viz. container ships, oil tankers, bulk carriers, general cargo, among other types alongwith the influencing factors for the geography studied (country/ region as per scope of the report), over the review period.
- Modal Share - Freight Modal Share is influenced by factors like modal productivity, government regulations, containerization, distance of shipment, temperature control requirements, type of goods, international trade, terrain, speed of delivery, shipment weight, bulk shipments, etc. Also, modal share by tonnage (tons) and modal share by freight turnover (ton-km) differ as per average distance of shipments, weight of major commodity groups transported in the economy and number of trips. This industry trend represents the distribution of freight transported by mode of transport (tons as well as ton-km), for the study base year.
- Oil and Gas, Mining and Quarrying - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the extraction industry players. The end user players considered are the establishments that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Logistics Service Providers (LSPs) covers entire phases from upstream to downstream and plays a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the financial services (BFSI), real estate, educational services, healthcare, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D). Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files, movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment) to name a few.
- Other Services - Other Services segment captures revenue earned through (1) Value added services (VAS) for freight transportation by road, rail, air and sea & inland waterways, (2) VAS for marine cargo transportation (operation of terminal facilities such as harbours and piers, operation of waterway locks, navigation, pilotage and berthing activities, lighterage, salvage activities, lighthouse activities, among other miscellaneous support activities), (3) VAS for land freight transportation (operation of terminal facilities such as railway stations, stations for the handling of goods, operation of railroad infrastructure, switching and shunting, towing and road side assistance, liquefaction of gas for transportation purposes, among other miscellaneous support activities), (4) VAS for air cargo transportation (operation of terminal facilities such as airway terminals, airport and air-traffic-control activities, ground service activities on airfields, runway maintenance, inspection/ ferrying/ maintenance/ testing of aircrafts, aircraft fuelling services, among other miscellaneous support activities), (5) VAS for warehousing and storage service (operation of grain silos, general merchandise warehouses, refrigerated warehouses, storage tanks etc., storage of goods in foreign trade zones, blast freezing, crating goods for shipping, packing and preparing goods for shipping, labelling and/or imprinting the package, kit assembling and packaging services, among other miscellaneous support activities), and (6) VAS for courier, express and parcel service (pickup, sorting).
- Port Calls and Performance - The performance of ports is key to an economy's freight movement, trade, global connectivity, successful growth strategies, investment attractiveness for production & distribution systems, and thus affects GDP, employment, per capita income and industrial growth. Hence, the port perfomance parameters like median time spent by vessels in the ports; average age, size, cargo carrying capacity, container carrying capacity, of vessels entering the ports, port calls, and container port throughput have been analysed and presented in this industry trend.
- Port Liner Shipping Connectivity Index - It reflects a port's position in the global liner shipping network, wherein a higher value of index is associated with better connectivity. Efficient and well-connected ports (1) contribute towards minimizing transport costs, linking supply chains and supporting international trade, (2) pave the way for economies of scale and development of expertise by permitting producers to better exploit possibilities in domestic as well as foreign markets. Hence the major ports of strategic importance, in the country/ region as per scope of the report, have been analyzed and presented in "Liner Shipping Connectivity" industry trend.
- Port Throughput - It reflects the amount of cargo or number of vessels a port handles annually. It can be related to (1) cargo tonnage, (2) container TEU, and (3) vessel calls. Port throughput in terms of total containers handled (TEU's), has been presented in the "Port Calls and Performance" industry trend.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the freight and logistics market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size. Hence, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization, autonomous trucks) etc. Hence, the distribution (share % for base year of study) of truck parc volume by type of truck, market disruptors, truck manufacturing investments, truck specifications, truck use & import regulations, and market anticipation over the forecast period have been presented in this industry trend.
- Trucking Operational Costs - The prime reasons for measuring/ benchmarking logistics performance of any trucking company are to reduce operational costs and increase profitability. On the other hand, measuring operational costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved performance. Hence, in this industry trend, trucking operational costs and the variables involved viz. driver wages & benefits, fuel prices, repairs & maintenance costs, tyre costs etc. have been studied over the base year of study, and presented for the geography studied (country or region as per the scope of report).
- Warehousing and Storage - Warehousing and storage segment captures revenue earned through the operation of general merchandise, refrigerated and other types of warehousing & storage facilities. These establishments take responsibility for storing the goods and keeping them secure in lieu of charges. Value added services (VAS) they may provide are considered to be a part of the "other services" segment. Here VAS refer to a range of services, related to the distribution of a customer's goods and can include labelling, breaking bulk, inventory control & management, light assembly, order entry & fulfillment, packaging, pick & pack, price marking & ticketing and transportation arrangement.
- Wholesale and Retail Trade - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
Keyword | Definition |
---|---|
Axle Load | The axle load of a wheeled vehicle is the total weight bearing on the roadway for all wheels connected to a given axle. |
Back Haul | Backhaul is the return movement of a transport vehicle from its original destination to its original point of departure. |
Bill of Lading | A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. |
Bunkering | Bunkering is the process of supplying fuel and/or gasoil to be used to power the propulsion system of a ship (such fuel is referred to as bunker). It includes the logistics of loading and distributing the fuel among available shipboard tanks. A person dealing in trade of bunker (fuel) is called a bunker trader. |
Bunkering Service | Bunkering service is the supply of a requested quality and quantity of bunkers to a ship. |
C-commerce | C-commerce (Collaborative commerce) describes electronically enabled business interactions among an enterprise’s internal personnel, business partners and customers throughout a trading community. The trading community could be an industry, industry segment, supply chain or supply chain segment. |
Cabotage | Transport by a vehicle registered in a country performed on the national territory of another country. |
Cartage Agent | A ground transportation service that provides pickup and delivery of freight in locations not served directly by an air or ocean carrier. |
Contract logistics | Contract logistics refers to the outsourcing of resource management tasks by one company to a third-party company specializing in logistical matters, such as transportation, warehousing, and order fulfillment. |
Courier | A business that is used to send messages, packages, etc. Courier service refers to the fast or quick, door to door pickup and delivery service for goods or documents. It can be local or international. A company that provides such delivery services is called a courier company. A courier company hires people to provide their services. Such a person hired by the courier service company is called a courier. |
Cross docking | Cross docking is a practice in logistics management that includes unloading incoming delivery vehicles and loading the materials directly into outbound delivery vehicles, omitting traditional warehouse logistical practices and saving time and money. |
Cross Trade | International transport between two different countries performed by a vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation. |
Customs Clearance | The procedures involved in getting cargo released by Customs through designated formalities such as presenting import license/permit, payment of import duties and other required documentations by the nature of the cargo such as FCC or FDA approval. |
Customs seal | Customs seal means a seal, stamp or any other preventive means affixed by customs officials to ensure the inviolability of goods, commercial means of transport or warehouses. |
Dangerous Goods | Dangerous goods (or hazardous materials or HAZMAT) include flammable liquids/solids, gases, compressed, liquified, dissolved under pressure, corrosives, oxidising substances, explosive substances and articles, substances, which on contact with water, emit flammable gasses, organic peroxides, toxic substances, infectious substances, radioactive materials, miscellaneous dangerous goods and articles. |
Direct Shipment | Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration. |
Drayage | A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift. |
Dry Docking | Dry docking is a term used for repairs or when a ship is taken to the service yard. During dry docking, the whole ship is brought to a dry land so that the submerged portions of the hull can be cleaned or inspected. |
Dry van | A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers). |
Feedering | Transport service whereby loaded or empty containers in a regional are transferred to a “mother ship” for a long-haul ocean voyage. |
Final Demand | Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. |
First mile Delivery | First mile delivery refers to the first stage of the transportation. This is when the parcel leaves the seller’s warehouse and is taken by the courier pick up agent to process it or take it to the warehouse. Once the package reaches the post office or the courier’s hub, it is then sorted and transported further until it reaches the customer’s doorstep. |
Fiscal storage services | It means a facility, clearly separated from other premises, where the excise goods are produced, processed, held, received or dispatched under a duty suspension arrangement by an authorized depositor, in the course of his business, under conditions laid down by the customs authorities. |
Flat Bed | It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods. |
Flatbed Truck | A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer. |
Freight Transit Time | Transit time is how long it takes for a shipment to be delivered to its final destination after being picked up from a designated pick up point. |
Halal Logistics | It refers to the process of managing the logistics operations such as fleet management, storage/warehousing, and materials handling according to the principles of Shariah law in ensuring the integrity of the halal products at the point of consumption. |
Haulage | The commercial transport of goods. |
Inbound Logistics | Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation. |
Intermediate Demand | Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment. |
International Loaded | Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country. |
International Unloaded | Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country. |
Last Mile Delivery | Last mile delivery refers to the very last step of the delivery process when a parcel is moved from a transportation hub to its final destination—which, usually, is a personal residence or retail store. |
Less than-Truck-Load (LTL) | Less-than-truckload, also known as less-than-load (LTL), is a shipping service for relatively small loads or quantities of freight. An LTL provider combines the loads and shipping requirements of several different companies on their trucks, using a hub-and-spoke system to get goods to their destinations. |
Locomotives Haluage | The transport of coal, ore, workers, and materials underground by means of locomotive-hauled mine cars. The locomotive may be powered by battery, diesel, compressed air, trolley, or some combination such as battery-trolley or trolley-cable reel. |
Milkrun | A Milk Run is a delivery method used to transport mixed loads from various suppliers to one customer. Instead of each supplier sending a truck every week to meet the needs of one customer, one truck (or vehicle) visits the suppliers to pick up the loads for that customer. This method of transport got its name from the dairy industry practice, where one tanker used to collect milk from several dairy farms for delivery to a milk processing company. |
Multi country consolidation | Multi-Country Consolidation (MCC) is a cost-effective solution that consolidates ones cargo from different countries of origin to build Full Container Loads (FCL). MCC is most suitable for companies that import light volumes of goods from multiple countries but want to take advantage of the more economic FCL freight rates. |
Multi-Modal Logistics | Multimodal transportation or multimodal shipping refers to logistics and freight processes that require multiple modes of transportation. |
Omni Channel Logistics | Omnichannel distribution is a multichannel approach taken by companies to give customers a way to purchase and receive orders from several sales channels with one-touch seamless integration. Some of the ways include- 1. Buy online, then pick-up at the brick and mortar store; 2. Buy online, then have it delivered to the home or another location; 3.In store purchase, with the delivery either to the home or another location; 4. Drop ship from a warehouse or manufacturing center to store, home or other location; 5.Buy online, then return at store or online; 6. Buy online, then return online. |
OOG cargo | Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters. |
Other ships | Other ships include: Liquefied petroleum gas carriers, liquefied natural gas carriers, parcel (chemical) tankers, specialized tankers, reefers, offshore supply vessels, tugboats, dredgers, cruise, ferries, other non-cargo ships |
Other Specialised Cargo | Other specialised goods include pre-slung goods (Goods, one or more items, supplied with a sling or slings), mobile units (Mobile Self Propelled Units, Non Self Propelled Units, unrolled vehicles), oversized equipment load (light and heavy machinery that is often too big or too heavy), high value freight that needs extra protection like electronics, financial services road freight. |
Outsourced Freight Transport | Transport for hire or reward; The carriage for remuneration of goods. |
Pallets | Raised platform, intended to facilitate the lifting and stacking of goods. |
Part load | A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment. |
Paved Road | Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone. |
Q-commerce | Q-commerce, also referred to as quick commerce, is a type of e-commerce where emphasis is on quick deliveries, typically in less than an hour. |
Quay | A stone or metal platform lying alongside or projecting into water for loading and unloading ships. |
Recommerce | Recommerce is the selling of previously owned items through online marketplaces to buyers who reuse, recycle or resell them. |
ReverseLogistics | Reverse logistics is a type of supply chain management that moves goods from customers back to the sellers or manufacturers. |
Road Freight Transport Service | Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul. |
Roll-on/roll-off cargo | Roll-on/roll-off (RORO or ro-ro) ships are cargo ships designed to carry wheeled cargo, such as cars, motorcycles, trucks, semi-trailer trucks, buses, trailers, and railroad cars, that are driven on and off the ship on their own wheels or using a platform vehicle, such as a self-propelled modular transporter. |
Swap bodies | A swap body, swop body, exchangeable container or interchangeable unit, is one of the types of standard freight containers for road and rail transport. |
Tank Barge | A non-self-propelled vessel constructed or adapted primarily to carry liquid, solid or gaseous commodities or cargos in bulk in cargo spaces (or tanks) through rivers and inland waterways, and may occasionally carry commodities or cargos through oceans and seas when in transit from one inland waterway to another. The commodities or cargos transported are in direct contact with the tank interior. |
Tautliner vehicle | Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways. |
Transloading | Transloading is a shipping term that refers to the transfer of goods from one mode of transportation to another en route to their ultimate destination. |
Tsubo | A Japanese unit of area equal to 35.58 square feet. |
Unpaved Road | Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone. |
Vessel Husbandry Services | It includes ship maintenance, repairs, cleaning, upkeep of the hull and rigging and equipment. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms