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Long-Distance General Freight Trucking Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Starting Price : $4000 | Pages : 175 | Published : January 2021 | SKU CODE : | Format :


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.

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 growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $826.54 billion in 2025 at a CAGR of 8.3%.

The long-distance general freight trucking market covered in this report is segmented by services into truckload carriers; less-than-truckload carriers; other transportation services and by activities into general long-distance truckload transit; general long-distance less-than-truckload transit; logistics planning; container trucking long-distance; motor freight trucking long-distance.

An increase in manufacturing output of different industries is expected to drive the growth of the long-distance general freight trucking market. More manufacturing output calls for more trucking to carry the freight from one place to another. In March 2020, Tesla planned to increase electric vehicle production capacity in China. This production capacity will be 250,000 cars a year. To transport these manufactured cars, there will be a need for freight trucking. In June 2020, Tesla semi which is used for long haul trucking was transporting the cars. Thus, the increased manufacturing output which results in increased trucking for transportation of the finished products is leading to the growth of the long-distance general freight trucking market.

Travel restrictions and lockdowns during COVID 19 are limiting the growth of the long-distance general freight trucking market. Coronavirus lockdown limitations have restricted freight movement raising operating expenses, and increased anxiety among drivers and crew members. According to an analysis by Geotab Inc., a web analytics company, there was a significant drop in the commercial transport activity between 16 March 2020 and 8 May 2020 in the United States, when compared with baseline data from February 2020. The commercial transport activity of the United States is working at an average of 83% of total commercial transport activity. This decrease in activity is felt more seriously in federal regions, such as in New York and New Jersey, with working levels at 66% of normal activity. Thus, these variables such as travel restrictions and lockdown are affecting the development of the long-distance general freight trucking market.

Electric trucks are being increasingly used by the long-distance general freight trucking market for transportation which is expected to propel the market growth. 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 Chanje Energy and leased 900 from Ryder System.

In June 2020, Mark-It Express Logistics, a US-based intermodal trucking and freight brokerage company, has acquired the operating assets of Sava Transportation for an undisclosed amount. The acquisition will help Mark-It Express Logistics to offer flexible and robust solutions to their customers and will add 20 more trucks to its fleet. This acquisition will also diversify its customer base and increase the market share. Sava Transportation, a US-based company specializing in intermodal traffic.

The major players covered in the global long-distance general freight trucking market are XPO Logistics Inc., YRC Worldwide Inc., FedEx Corporation, JB Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Old Dominion Freight Line, Progressive Carriers, Joe's Logistics, Universal Truckload, Reynold Transportation, Carolina Cargo Freight Expediters, Spirit Trucking Lines, Kivi Bros. Trucking, Mangino Holding, Erik Holdings, Duncan Trucking, Transport Holdings, GFA Alabama, C&S Wholesale Grocers, Kenan Advantage Group, Universal Logistics Holdings (Nasdaq: Uacl), Ceva Logistics Us Holdings, Lynden, Hub Group (Nasdaq: Hubg), Aaa Cooper Transportation, Charlotte Truck Center, Estes Express Lines, UPS Freight, ABF Freight System, R+L Carriers, Saia Motor Freight Line, Central Transport International, Oak Harbor Freight Lines, Central Freight Lines, Daylight Transport, New Penn Motor Express, New England Motor Freight, A. Duie Pyle, Reddaway, Roadrunner Transportation, AAA Cooper Transportation, Pitt Ohio Transportation Group, Dayton Freight Lines, Forward Air, Averitt Express, Holland, Southeastern Freight Lines.

The countries covered in the global long-distance general freight trucking market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global long-distance general freight trucking market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global long-distance general freight trucking market is segmented -

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

2) 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

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

4) By Size: Heavy Trucks, Medium Trucks, Light Trucks

    1. Executive Summary

    2. Long-Distance General Freight Trucking Market Characteristics

    3. Long-Distance General Freight Trucking Market Trends And Strategies

    4. Impact Of COVID-19 On Long-Distance General Freight Trucking

    5. Long-Distance General Freight Trucking Market Size And Growth

    5.1. Global Long-Distance General Freight Trucking Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Long-Distance General Freight Trucking Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Long-Distance General Freight Trucking Market Segmentation

    6.1. Global Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Truckload Carriers

    Less-than-truckload Carriers

    Other Transportation Services

    6.2. Global Long-Distance General Freight Trucking Market, Segmentation By Activities, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    General long-distance truckload transit

    General long-distance less-than-truckload transit

    Logistics planning

    Container trucking long-distance

    Motor freight trucking long-distance

    6.3. Global Long-Distance General Freight Trucking Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Oil & Gas

    Industrial & Manufacturing

    Energy & Mining

    Food & Beverages

    Pharmaceuticals & Healthcare

    Others

    6.4. Global Long-Distance General Freight Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Heavy Trucks

    Medium Trucks

    Light Trucks

    7. Long-Distance General Freight Trucking Market Regional And Country Analysis

    7.1. Global Long-Distance General Freight Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Long-Distance General Freight Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Long-Distance General Freight Trucking Market

    8.1. Asia-Pacific Long-Distance General Freight Trucking Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Long-Distance General Freight Trucking Market

    9.1. China Long-Distance General Freight Trucking Market Overview

    9.2. China Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Long-Distance General Freight Trucking Market

    10.1. India Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Long-Distance General Freight Trucking Market

    11.1. Japan Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Long-Distance General Freight Trucking Market

    12.1. Australia Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Long-Distance General Freight Trucking Market

    13.1. Indonesia Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Long-Distance General Freight Trucking Market

    14.1. South Korea Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Long-Distance General Freight Trucking Market

    15.1. Western Europe Long-Distance General Freight Trucking Market Overview

    15.2. Western Europe Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Long-Distance General Freight Trucking Market

    16.1. UK Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Long-Distance General Freight Trucking Market

    17.1. Germany Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Long-Distance General Freight Trucking Market

    18.3. France Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Long-Distance General Freight Trucking Market

    19.1. Eastern Europe Long-Distance General Freight Trucking Market Overview

    19.2. Eastern Europe Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Long-Distance General Freight Trucking Market

    20.1. Russia Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Long-Distance General Freight Trucking Market

    21.1. North America Long-Distance General Freight Trucking Market Overview

    21.2. North America Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Long-Distance General Freight Trucking Market

    22.1. USA Long-Distance General Freight Trucking Market Overview

    22.2. USA Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Long-Distance General Freight Trucking Market

    23.1. South America Long-Distance General Freight Trucking Market Overview

    23.2. South America Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Long-Distance General Freight Trucking Market

    24.1. Brazil Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Long-Distance General Freight Trucking Market

    25.1. Middle East Long-Distance General Freight Trucking Market Overview

    25.2. Middle East Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Long-Distance General Freight Trucking Market

    26.1. Africa Long-Distance General Freight Trucking Market Overview

    26.2. Africa Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Long-Distance General Freight Trucking Market Competitive Landscape And Company Profiles

    27.1. Long-Distance General Freight Trucking Market Competitive Landscape

    27.2. Long-Distance General Freight Trucking Market Company Profiles

    27.2.1. XPO Logistics Inc.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. YRC Worldwide Inc.

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. FedEx Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. JB Hunt Transport Services Inc.

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Knight-Swift Transportation Holdings Inc.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Long-Distance General Freight Trucking Market

    29. Long-Distance General Freight Trucking Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Long-Distance General Freight Trucking Market, Segmentation By Activities, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Long-Distance General Freight Trucking Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Long-Distance General Freight Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Long-Distance General Freight Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Global Long-Distance General Freight Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: Asia-Pacific, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: China, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: India, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Japan, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Australia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: Indonesia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: South Korea, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: Western Europe, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: UK, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: Germany, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: France, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Eastern Europe, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: Russia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: North America, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: USA, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: South America, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Brazil, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Middle East, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: Africa, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 28: XPO Logistics Inc. Financial Performance
  • Table 29: YRC Worldwide Inc. Financial Performance
  • Table 30: FedEx Corporation Financial Performance
  • Table 31: JB Hunt Transport Services Inc. Financial Performance
  • Table 32: Knight-Swift Transportation Holdings Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Long-Distance General Freight Trucking Market, Segmentation By Activities, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Long-Distance General Freight Trucking Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Long-Distance General Freight Trucking Market, Segmentation By Size, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Long-Distance General Freight Trucking Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Global Long-Distance General Freight Trucking Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: Asia-Pacific, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: China, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: India, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Japan, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Australia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: Indonesia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: South Korea, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: Western Europe, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: UK, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: Germany, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: France, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Eastern Europe, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: Russia, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: North America, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: USA, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: South America, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Brazil, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Middle East, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: Africa, Long-Distance General Freight Trucking Market, Segmentation By Services, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 28: XPO Logistics Inc. Financial Performance
  • Figure 29: YRC Worldwide Inc. Financial Performance
  • Figure 30: FedEx Corporation Financial Performance
  • Figure 31: JB Hunt Transport Services Inc. Financial Performance
  • Figure 32: Knight-Swift Transportation Holdings Inc. Financial Performance
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