The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Road Freight Transport Global Market Report 2024 offers crucial insights into the road freight transport market help businesses analyse and build stronger strategies.

Market Growth Overview

• 2023 Market Size: $98.94 billion
• 2024 Market Size: $105.96 billion
• CAGR (2023-2024): 7.1%
• Growth drivers:
  • Economic growth
  • Infrastructure development
  • Regulatory environment
  • Globalization
  • Fuel prices
  • Consumer behavior

Future Market Projections

• 2028 Market Size: $136.38 billion
• CAGR (2024-2028): 6.5%
• Growth drivers:
  • Sustainability initiatives
  • Infrastructure investments
  • Urbanization trends
  • Supply chain resilience
  • Regulatory changes
• Major trends:
  • Digitalization and automation
  • Green initiatives and sustainability
  • E-commerce boom
  • Resilience and supply chain visibility
  • Collaborative logistics

Read The Full Road Freight Transport Market Report Here:
https://www.thebusinessresearchcompany.com/report/road-freight-transport-global-market-report

Impact of Oil and Gas Industry Expansion on Road Freight Transport

Supporting Industry Growth

• Benefits of road freight transport in oil and gas sector
• Flexibility, accessibility, and timely deliveries
• Adaptability to changing cargo requirements
• US Energy Information Administration insights

Key Players in the Road Freight Transport Market

Major Companies

• Cargo Carriers Ltd.
• CEVA Logistics AG
• CJ Logistics Corp.
• Deutsche Bahn AG
• FedEx Corp.
• Fercam Spa
• Ital Logistics Ltd.
• J.B. Hunt Transport Services Inc.
• Kerry Logistics Network Ltd.
• KLG Europe
• Kuehne and Nagel International AG
• Nippon Express Holdings Inc.
• United Parcel Service Inc.
• Yellow Corporation
• First European Logistics Ltd.

Technological Advancements Transforming Freight Transport

Innovative Solutions

• ArcBest Corporation’s Vaux technology
• Improves intralogistics efficiency
• Provides visibility in supply chains
• Streamlines warehouse operations

Strategic Expansion in Road Transport Operations

Strategic Acquisition

• Scan Global Logistics acquires Sand Road Freight A/S
• Strengthens road transport capabilities in Denmark
• Enhances global freight services portfolio

Regional Insights

Market Dynamics

• North America: Largest market in 2023
• Asia-Pacific: Fastest-growing region
• Comprehensive regional coverage in market report

Conclusion

The road freight transport market is set for robust growth driven by economic factors, infrastructure investments, and evolving consumer demands. With technological innovations like digitalization and automation reshaping logistics operations, and strategic expansions enhancing operational capabilities, the market is poised to meet the challenges of sustainability and supply chain resilience. As global trade and urbanization continue to expand, the road freight transport sector plays a crucial role in facilitating efficient and reliable freight movement across regions.

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The Road Freight Transport Global Market Report 2024  provides a comprehensive outlook of the road freight transport market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The road freight transport market forecast offers a thorough analysis on road freight transport market size, road freight transport market share, prominent players and their strategies.

The Table Of Content For The Road Freight Transport Market Include:
1. Road Freight Transport Market Executive Summary
2. Road Freight Transport Market Segments
3. Road Freight Transport Market Size And Road Freight Transport Market Growth Rate
4. Key Road Freight Transport Market Trends
5. Major Road Freight Transport Market Drivers
……
25. Key Mergers And Acquisitions In The Road Freight Transport Market
26. Top Road Freight Transport Companies
27. Road Freight Transport Market Opportunities And Strategies
28. Road Freight Transport Market, Conclusions And Recommendations
29. Appendix

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