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    US Freight Trucking Market

    ID: MRFR/PNT/12583-HCR
    100 Pages
    Snehal Singh
    September 2025

    US Freight Trucking Market Research Report: By Vehicle Type (Light Commercial Vehicles, Medium Commercial Vehicles, Heavy Commercial Vehicles) and By End Use (Industrial & Manufacturing, Oil & Gas, Construction & Mining, Chemicals & Agri-Products, Food & Beverages, Others) - Forecast to 2035

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    US Freight Trucking Market Summary

    The US Freight Trucking market is projected to grow from 727.3 USD Billion in 2024 to 1100 USD Billion by 2035.

    Key Market Trends & Highlights

    US Freight Trucking Key Trends and Highlights

    • The market is expected to achieve a compound annual growth rate (CAGR) of 3.83 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1100 USD Billion, reflecting robust growth.
    • In 2024, the market is valued at 727.3 USD Billion, indicating a strong foundation for future expansion.
    • Growing adoption of technology due to increasing demand for efficient logistics is a major market driver.

    Market Size & Forecast

    2024 Market Size 727.3 (USD Billion)
    2035 Market Size 1100 (USD Billion)
    CAGR (2025-2035) 3.83%

    Major Players

    CRST International, Schneider National, Ryder System, Old Dominion Freight Line, Saia Inc., Werner Enterprises, Covenant Transport, US Xpress Enterprises, Heartland Express, Maverick Transportation, XPO Logistics, J.B. Hunt Transport Services, FedEx Freight, Knight-Swift Transportation

    US Freight Trucking Market Trends

    The US Freight Trucking Market is experiencing notable trends driven by various factors that shape its landscape. One important market driver is the growing demand for e-commerce and online shopping, which has significantly increased the need for reliable freight trucking services. With consumers opting for fast delivery options, trucking companies are adapting by implementing advanced logistics solutions and real-time tracking systems. Furthermore, the expansion of supply chain networks, alongside increased freight volumes due to rising manufacturing and retail activities, supports growth within the trucking industry.

    Opportunities in the US Freight Trucking Market are emerging through advancements in technology.Companies are increasingly integrating automation and digital technologies to enhance operational efficiency, optimize routes, and reduce fuel consumption. This creates a potential for improved delivery times and reduced operational costs, providing a competitive edge. Regulatory changes, such as emissions standards and safety regulations, also present opportunities for businesses to innovate and invest in eco-friendly fleet options, catering to a growing consumer preference for sustainable practices.

    Trends in recent times indicate a shift towards adopting electric and alternative fuel vehicles within the trucking fleet, driven by pressures for environmental sustainability.Moreover, the labor market dynamics are evolving; with a growing shortage of qualified drivers, companies are recognizing the need for better recruitment and retention strategies. There is also a clear focus on enhancing working conditions for drivers to attract talent. The integration of artificial intelligence in logistics planning is gaining traction as firms seek smarter solutions to address supply chain challenges arising from disruptions.

    Overall, the US Freight Trucking Market is adapting to these trends and drivers, positioning itself for continued evolution and growth in the competitive landscape.

    Market Segment Insights

    Freight Trucking Market Vehicle Type Insights

    The US Freight Trucking Market has been categorized into various vehicle types including Light Commercial Vehicles, Medium Commercial Vehicles, and Heavy Commercial Vehicles, each playing a pivotal role in the overall logistics and transportation ecosystem. Light Commercial Vehicles, characterized by their nimble design, are primarily used for local deliveries, making them vital for the last-mile transportation sector. This segment is gaining traction due to increasing urbanization in the US, driving the need for swift and efficient logistical solutions.Moving on to Medium Commercial Vehicles, this category serves as a bridge between the lighter and heavier counterparts.

    They are widely utilized for various applications including regional freight and can maneuver in urban environments effectively. Their adaptability makes them suitable for multiple industries such as retail and manufacturing, bolstering their demand within the market.Heavy Commercial Vehicles dominate the freight scene due to their capacity to transport bulky and heavy loads over long distances. This segment is considerably significant for long-haul transport and contributes largely to the backbone of the supply chain in the US.

    Enhanced fuel efficiencies and technological improvements in this category offer substantial operational advantages, making them indispensable for larger corporations seeking competitive logistical edge.Each segment is influenced by market dynamics including fuel prices, regulatory policies, and technological advancements, which present both challenges and opportunities. The increasing emphasis on sustainability is propelling innovations across all vehicle types, prompting manufacturers to invest in cleaner, more efficient trucks.

    Therefore, the segmentation of the US Freight Trucking Market by Vehicle Type not only outlines the functional aspects of each category but also highlights their growing importance in responding to the contemporary demands of the logistics industry, shaping the future landscape of freight movement in the US.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Freight Trucking Market End Use Insights

    The US Freight Trucking Market, focused on various end-use segments, serves as a critical backbone of the economy. The Industrial and Manufacturing sectors rely heavily on freight trucking for the timely delivery of raw materials and finished goods, significantly impacting production efficiency. The Oil and Gas industry also demands robust transportation solutions to move equipment and products across vast distances, playing a pivotal role in energy supply chains.

    Construction and Mining sectors depend on freight services to transport bulky materials, essential for infrastructure and development projects, while the Chemicals and Agri-Products sector requires specialized transportation to ensure compliance with safety standards and maintain product integrity.Furthermore, the Food and Beverages segment is highly regulated and sensitive to timing, making reliable trucking essential for freshness and consumer safety. Other sectors that use freight trucking for diverse applications further enrich the market landscape, demonstrating its extensive reach across various industries.

    Each of these sectors contributes to the market dynamics, capitalizing on trends such as e-commerce growth and increased demand for just-in-time delivery services, highlighting the importance of adaptability and logistical efficiency within the US Freight Trucking Market.

    Get more detailed insights about US Freight Trucking Market Research Report - Forecast till 2035

    Key Players and Competitive Insights

    The competitive landscape of the US Freight Trucking Market is characterized by a dynamic interplay of established players and emerging companies, each striving to capture market share through innovation, efficiency, and customer service. This market is essential to the overall economy, facilitating the movement of goods across vast distances. With the rapid evolution of technology and changing consumer demands, companies are investing in advanced logistics solutions to streamline operations and reduce costs. Competition is driven not just by price, but also by factors such as service reliability, fleet management capabilities, and the adoption of sustainable practices.

    As industry players continue to adapt to these challenges, understanding their strengths and market presence becomes crucial for stakeholders aiming to navigate this complex landscape.CRST International has solidified its position within the US Freight Trucking Market by focusing on a diverse array of transportation solutions and specialized services. The company's reputation is bolstered by its commitment to customer satisfaction and a robust operational framework that prioritizes safety and on-time delivery. CRST International benefits from a strategic network of regional facilities that enhance its operational reach and efficiency across the country.

    The company has invested in modernizing its fleet and leveraging technology to optimize route planning and load management, ensuring that it remains competitive in delivering quality service to its clientele. Additionally, CRST International's strong relationships with clients in various sectors contribute to its resilience and adaptability in a fluctuating market, allowing it to meet and exceed the logistics demands of its partners.Schneider National stands out in the US Freight Trucking Market by offering a comprehensive suite of logistics solutions tailored to the needs of diverse industries.

    With a well-established brand and extensive network, Schneider National is known for its reliability in freight transportation, focusing on timely deliveries and customer service. The company operates a mix of asset-based and non-asset-based services, including dedicated contract carriage and intermodal transportation, which enhances its flexibility to serve different market segments. Schneider National's strengths include a robust technology platform that provides real-time visibility and tracking, fostering strong relationships with customers. Furthermore, through strategic mergers and acquisitions, Schneider National has expanded its capabilities and market presence, enabling it to harness synergies for operational efficiencies.

    This proactive approach to growth and innovation has positioned Schneider National as a leading player in the US Freight Trucking Market, dedicated to addressing the evolving needs of its clients.

    Key Companies in the US Freight Trucking Market market include

    Industry Developments

    The US Freight Trucking Market has faced significant developments lately, with an emphasis on technological innovation and operational efficiency among key players. In August 2023, J.B. Hunt Transport Services announced advancements in its autonomous trucking division, which aims to streamline logistics and reduce costs. In September 2023, Schneider National launched a sustainability initiative focused on reducing carbon emissions through the adoption of electric trucks.

    Moreover, there has been a reported acquisition in the sector; in July 2023, Knight-Swift Transportation completed the acquisition of AAA Cooper Transportation, which is seen as a strategic move to enhance its operating network and service offerings. CRST International has also been expanding its services across the Midwest, responding to growing demand in freight logistics. The market valuation for companies in this sector has generally increased due to heightened demand for goods delivery and the ongoing supply chain disruptions.

    For instance, FedEx Freight reported a 15% growth in revenue for Q3 2023 compared to the previous year, reflecting robust market conditions. With the ongoing rise in e-commerce, the US Freight Trucking Market is adapting to meet the increasing freight demands, showing resilience despite economic challenges in recent years.

    Market Segmentation

    Outlook

    • Industrial & Manufacturing
    • Oil & Gas
    • Construction & Mining
    • Chemicals & Agri-Products
    • Food & Beverages
    • Others

    Freight Trucking Market End Use Outlook

    • Industrial & Manufacturing
    • Oil & Gas
    • Construction & Mining
    • Chemicals & Agri-Products
    • Food & Beverages
    • Others

    Freight Trucking Market Vehicle Type Outlook

    • Light Commercial Vehicles
    • Medium Commercial Vehicles
    • Heavy Commercial Vehicles

    Report Scope

    Report Scope:
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 696.61(USD Billion)
    MARKET SIZE 2024 727.26(USD Billion)
    MARKET SIZE 2035 1100.0(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.833% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED CRST International, Schneider National, Ryder System, Old Dominion Freight Line, Saia Inc., Werner Enterprises, Covenant Transport, US Xpress Enterprises, Heartland Express, Maverick Transportation, XPO Logistics, J.B. Hunt Transport Services, FedEx Freight, KnightSwift Transportation
    SEGMENTS COVERED Vehicle Type, End Use
    KEY MARKET OPPORTUNITIES E-commerce delivery expansion, Autonomous truck technology, Sustainability and green logistics, Last-mile delivery optimization, Freight digitization platforms
    KEY MARKET DYNAMICS E-commerce growth, Regulatory changes, Rising fuel prices, Driver shortages, Sustainability initiatives
    COUNTRIES COVERED US

    FAQs

    What is the expected market size of the US Freight Trucking Market in 2024?

    The US Freight Trucking Market is expected to be valued at 727.26 USD Billion in 2024.

    What is the projected market value of the US Freight Trucking Market by 2035?

    By 2035, the market is projected to reach a value of 1100.0 USD Billion.

    What is the compound annual growth rate (CAGR) for the US Freight Trucking Market from 2025 to 2035?

    The expected CAGR for the US Freight Trucking Market during this period is 3.833%.

    Which segment is the largest in the US Freight Trucking Market by vehicle type?

    The Heavy Commercial Vehicles segment is the largest, valued at 277.26 USD Billion in 2024.

    How much is the Light Commercial Vehicles segment valued at in 2024 and 2035?

    The Light Commercial Vehicles segment is valued at 200.0 USD Billion in 2024 and is expected to grow to 320.0 USD Billion by 2035.

    What is the market size for Medium Commercial Vehicles in 2024 and 2035?

    The Medium Commercial Vehicles segment is projected to be valued at 250.0 USD Billion in 2024 and 400.0 USD Billion in 2035.

    Who are the major players in the US Freight Trucking Market?

    Key players include CRST International, Schneider National, Ryder System, and J.B. Hunt Transport Services among others.

    What opportunities exist for growth in the US Freight Trucking Market?

    Growth opportunities are primarily driven by increasing demand for logistics and transportation services.

    Which regional market is expected to show significant growth in the US Freight Trucking sector?

    The overall US market is expected to experience growth, with significant contributions from both urban and rural logistics activities.

    What challenges does the US Freight Trucking Market currently face?

    Challenges include rising fuel costs and regulatory changes impacting operational efficiencies.

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials