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Report Overview

The United States road freight transport market value is projected to grow at a CAGR of 3.80% between 2025 and 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Million

3.8%

2025-2034


United States Road Freight Transport Market Outlook

*this image is indicative*

United States Road Freight Transport Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million XX
Market Size 2034 USD Million XX
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 3.80%
CAGR 2025-2034 - Market by Region Southeast 3.8%
CAGR 2025-2034 - Market by Region New England 3.5%
CAGR 2025-2034 - Market by Vehicle Type Light Commercial Vehicles 4.3%
CAGR 2025-2034 - Market by Application Industrial Goods 4.3%
Market Share by Region New England 12.0%

United States Road Freight Transport Market Outlook

The growth in cross-border trade activities and the rapid rise of the e-commerce sector are some of the prominent factors boosting growth of the United States road freight transport market. The increased demand for temperature-controlled transport for transportation of cosmetics and healthcare products can further aid the market expansion.

The rising deployment of self-driving trucks to promote automation in the road freight sector is also a crucial factor boosting the road freight transport market share in United States. For instance, Aurora Innovation Inc. announced that it aims to deploy 20 driverless trucks for the freight sector in Interstate 45 between the Dallas and Houston areas in 2024. The aim of the company as well as its competitors is to deploy thousands of self-driving trucks in freeways of the United States in the coming years.

United States Road Freight Transport Market Share Has Been Occupied by Far West and Rocky Mountain Regions Due to Expanding Trade Routes in California, Alaska, and Colorado

  • From 2025 and 2034, the Far West region is expected to lead with the highest CAGR of 4.4%, driven by significant investments in infrastructure and the region’s robust commercial vehicle market. 
  • The Rocky Mountain region follows with a CAGR of 4.1%, supported by increasing logistics activities and expanding trade routes. 
  • The Southwest, with a CAGR of 3.9%, benefits road freight transport demand in United States due to region’s growing industrial activities and the need for efficient transportation solutions. 
  • The Southeast, growing at a CAGR of 3.8%, shows steady growth due to favorable economic conditions and rising demand for commercial vehicles. 
  • New England and the Mideast regions exhibit moderate growth with CAGRs of 3.5% and 3.3%, respectively, reflecting their established markets but slower growth. 
  • The Plains and Great Lakes regions, with CAGRs of 3.0% and 2.9%, respectively, experience the slowest growth due to their smaller market sizes and limited industrial activities.
CAGR 2025-2034 - Market by Region
Southeast 3.8%
New England 3.5%
Mideast XX%
Plains XX%
Southwest XX%
Rocky Mountain 4.1%
Far West 4.4%
Great Lakes XX%

Rising Demand for Last-Mile Delivery Solutions and the Expansion of E-Commerce are Factors Accelerating United States Road Freight Transport Market Growth

  • In the market from 2024 to 2032, light commercial vehicles are anticipated to experience the highest growth, with a CAGR of 4.3%, driven by the increasing demand for last-mile delivery solutions and the expansion of e-commerce. 
  • According to United States road freight transport industry analysis, heavy commercial vehicles follow with a CAGR of 4.0%, reflecting their essential role in long-haul transportation and the growing need for efficient freight logistics. 
  • Medium commercial vehicles, with a CAGR of 3.6%, continue to see steady demand due to their versatility in various applications, though their growth is slightly slower compared to other vehicle types.

Growing Need for Timely Transportation of Heavy and Perishable Goods is a Major United States Road Freight Transport Market Trend

  • Between 2024 & 2032, the industrial goods sector is expected to lead with a CAGR of 4.3%, driven by the increasing demand for efficient transportation of heavy and bulky goods across various industries. 
  • The agricultural products sector, with a CAGR of 4.1%, contributes to United States road freight transport market revenue due to the growing need for reliable and timely transportation of perishable goods and raw materials. 
  • The energy products sector, with a CAGR of 3.9%, benefits from the rising demand for oil, gas, and renewable energy resources, necessitating specialised transportation solutions. 
  • The construction materials sector, growing at a CAGR of 3.6%, shows steady growth due to ongoing infrastructure development and urbanization. 
  • The 'others' category, with a CAGR of 3.4%, includes various additional applications that contribute to overall market dynamics and trends at a slower pace.

Key Questions Answered in This Report:

  • How has the United States road freight transport market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States road freight transport market?
  • What are the key segments within the United States road freight transport market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States road freight transport market?
  • Who are the key players in the United States road freight transport market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States road freight transport market globally or regionally?
  • How competitive is the United States road freight transport market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States road freight transport market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States road freight transport market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States road freight transport market?
  • How sustainable are current growth rates in the United States road freight transport market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States road freight transport market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States road freight transport market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States road freight transport market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States road freight transport market?
  • What are the regulatory and legal frameworks impacting the United States road freight transport market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States road freight transport market?
  • What are the emerging market trends and niche opportunities within the United States road freight transport market that stakeholders should be aware of?
  • How resilient is the United States road freight transport market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States road freight transport market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States road freight transport market spanning from 2018 to 2034.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States road freight transport industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States road freight transport market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States road freight transport market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Vehicle Type
  • Application
  • Region
Breakup by Vehicle Type
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Medium Commercial Vehicles
Breakup by Application
  • Industrial Goods
  • Agricultural Products
  • Energy Products
  • Construction Materials
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • UPS
  • FedEx
  • XPO Logistics
  • JB Hunt Transport Services
  • Knight-Swift Transportation Services
  • Others

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