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The increase in e-commerce sales are expected to drive innovation in local general freight trucking manufacturing, thus driving the market during the forecast period.

The global local general freight trucking market is expected to grow from $126.95 billion in 2022 to $129.87 billion in 2023 at a compound annual growth rate (CAGR) of 2.3%. The global local general freight trucking market size is expected to grow to $139.47 billion in 2027 at a CAGR of 1.8%.

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Global Local General Freight Trucking Market Segments Include:

• By Type: Truckload transportation, Less-than-truckload transportation, Intermodal transportation, Dry-bulk transportation, Other Types
• By Size: Heavy Trucks, Medium Trucks, Light Trucks
• By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global local general freight trucking market in 2021.

Major Market Players in the local general freight trucking market include YRC Worldwide Inc., JB Hunt Transport Services Inc., FedEx Corporation, XPO Logistics Inc., Knight-Swift Transportation Holdings Inc.

The integration of the Internet of Things (IoT) into the transportation sector is a key trend gaining popularity in the local general freight trucking market. The IoT is expected to change the transport sector by gathering data and vital information from market and technology developments related to data analytics and automation of mobility and will provide benefits in fleet management and location tracking. Companies around the world are finding more and more interesting ways to take advantage of the Internet of Things for greater productivity and efficiency. For instance, Kuehne + Nagel, a Swiss-based transport and logistics company, uses IoT for freight monitoring, which helps to warn about temperature, humidity, pressure, shock, and tilt at the parcel level.

The Local General Freight Trucking Global Market Report 2023  provides a local general freight trucking market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The local general freight trucking market forecast analyzes local general freight trucking market size, local general freight trucking market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Local general freight trucking refers to modes of transportation that use trucks and vans to deliver a wide variety of commodities in local metropolitan areas, generally palletized and transported in a container or van trailer to deliver goods for both domestic and commercial purposes and used for short distances.

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