How Global General Freight Trucking Market Players Should Strategize For 2022-2031

22 Jun, 2022

The global general freight trucking market size is expected to grow from $773.46 billion in 2021 to $853.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The general freight trucking market is then expected to grow to $1,212.59 billion in 2026 at a CAGR of 9.2%.

What is the Global General Freight Trucking Market?

The general freight trucking market consists of sales of general freight trucking services and related goods by entities (organizations, sole traders, and partnerships) that provide general freight trucking services. Establishments in the general freight trucking industry handle a wide variety of commodities, generally palletized, and transported in a container or van trailer. They also provide network activities such as local pickup, local sorting, and terminal operations, line hauling, destination sorting and terminal operations, and local delivery.

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What drives the Global General Freight Trucking Market?

With the entry of automated vehicles with high-tech safety measures, cameras, radar, and Lidar sensors guiding the way, companies can save money through less fuel and more frequent schedules.

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Global General Freight Trucking Market Segments
The global general freight trucking market is segmented:
By Type: Local General Freight Trucking, Long-Distance General Freight Trucking
By Application: Oil and Gas, Industrial and Manufacturing, Energy and Mining, Food and Beverages, Pharmaceuticals and Healthcare, Others
By Size: Heavy Trucks, Medium Trucks, Light Trucks
By Geography: The regions covered in the general freight trucking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

General Freight Trucking Global Market Report 2022provides market size and growth forecasts for the global general freight trucking market, global general freight trucking market share, general freight trucking market segments and geographies, general freight trucking market competitive landscape including leading competitors’ revenues, profiles and market shares. The general freight trucking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global General Freight Trucking Industry Playersinclude Xiamen C&D, United Parcel Service Inc., C.H. Robinson Worldwide Inc, FedEx Corporation, XPO Logistics Inc., J.B. Hunt Transport Services, YRC Worldwide Inc., Deutsche Post AG, Old Dominion Freight Line Inc, and Landstar System Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.

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