Global Long-Distance General Freight Trucking Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Long-Distance General Freight Trucking Market Report by the Business Research Company covers long-distance general freight trucking market’s drivers and restraints, long-distance general freight trucking market size, major players, and the impact of COVID-19 on the long-distance general freight trucking market

The long-distance general freight trucking market consists of sales of long-distance general freight trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide long-distance general freight trucking services. General freight establishments handle a wide variety of commodities, generally palletized and transported in a container or van trailer. Long-distance general freight trucking establishments usually provide trucking between metropolitan areas which may cross country borders. Included in this industry are establishments operating as truckload (TL) or less than truckload (LTL) carriers. Only goods and services traded between entities or sold to end consumers are included.

An increase in manufacturing output of different industries is expected to drive the growth of the long-distance general freight trucking market. An increase in manufacturing output of different industries is expected to drive the growth of the long-distance general freight trucking market.

The global long-distance general freight trucking market is expected to grow from $536.55 billion in 2020 to $601.87 billion in 2021 at a compound annual growth rate (CAGR) of 12.2%. The market is expected to reach $826.54 billion in 2025 at a CAGR of 8.3%.

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Some long-distance general freight trucking market trends include electric trucks. Numerous retailers and transporters are putting in huge orders of electric trucks for beverage routes and last-mile delivery. In September 2020, Amazon bought 10 electric trucks from Lion Electric, and in September 2019, Amazon ordered 100,000 electric delivery vans from startup Rivian with deliveries from 2021 to 2024. Similarly, in November 2018, FedEx Corp. expanded its fleet to 1000 electric delivery vehicles of which 100 were bought from Change Energy and leased 900 from Ryder System.

Global long-distance general freight trucking market segments include:

By Services: Truckload Carriers, Less-than-Truckload Carriers, Other Transportation Services

By Activities: General Long-Distance Truckload Transit, General Long-Distance Less-than-Truckload Transit, Logistics Planning, Container Trucking Long-Distance, Motor Freight Trucking Long-Distance

By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Others

By Size: Heavy Trucks, Medium Trucks, Light Trucks

By Geography: The global long-distance general freight trucking market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Long-Distance General Freight Trucking Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides long-distance general freight trucking market overviews, analyzes and forecasts market size, share, long-distance general freight trucking market players, long-distance general freight trucking market segments and geographies, market’s leading competitors’ revenues, profiles and market shares. The long-distance general freight trucking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More

Read Long-Distance General Freight Trucking Global Market Report 2021 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Long-Distance General Freight Trucking Market Organizations Covered: XPO Logistics Inc., YRC Worldwide Inc., FedEx Corporation, JB Hunt Transport Services

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, long-distance general freight trucking market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global long-distance general freight trucking market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Long-Distance General Freight Trucking Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Long-Distance General Freight Trucking Sector: The report reveals where the global long-distance general freight trucking industry will put on most $ sales up to 2023.

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