How Big is the Road Freight Market | Trends & Opportunities 2025

Code: MTA8797 Publication Date: Sep 2025

What is the Size of Road Freight Market?

According to 6Wresearch internal database and industry insights, the Road Freight Market was estimated at USD 3,200 billion in 2024 and is projected to reach USD 4,450 billion by 2031, expanding at a CAGR of 4.8% during the forecast period 2025-2031.

The growth of the road freight market is driven to e-commerce and parcel volumes, expanding manufacturing and retail supply chains, investments in last-mile capacity and increasing cross-border trade and logistics outsourcing.

Key Growth Drivers of the Road Freight Market

  • Rapid expansion of e-commerce and same-day/next-day delivery demand
  • Rising industrial production and regional trade flows increasing freight volumes
  • Investments in fleet electrification, telematics, and route optimisation technologies
  • Growth of third-party logistics and contract carriage outsourcing by shippers
  • Development of road infrastructure and policy incentives for freight efficiency

Road Freight Market Trends

Road Freight Market is seeing accelerated adoption of telematics, AI route-planning, and electric trucks to reduce costs and emissions, while providers scale last-mile networks for faster deliveries. Shippers are looking for integrated multimodal contracts, which is leading to more consolidation and partnerships. Price transparency and capacity matching are being improved through the use of digital freight platforms and freight marketplaces. Low-emission freight corridors and sustainability reporting are affecting customer procurement decisions and carrier fleet investments.

Emerging Developments in the Road Freight Market

Emerging developments include rollouts of electric and hydrogen fuel-cell trucks on major routes and pilots for depot charging and grid integration. Digital freight brokers and blockchain-based freight tracking are being trailed to boost visibility and reduce disputes. Autonomous last-mile delivery robots and platooning trials for heavy trucks are advancing, while carriers adopt predictive maintenance and AI-driven demand forecasting to cut empty miles and improve asset utilisation. Cross-border customs digitisation is also easing transit times for international road freight.

List of Leading Companies in the Road Freight Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Deutsche Post DHL (DHL Freight)

Company NameDeutsche Post DHL (DHL Freight)
Established Year1995
HeadquartersBonn, Germany
Official WebsiteClick Here

This company provides comprehensive road freight and contract logistics across Europe and intercontinental corridors, focusing on digital visibility, multimodal solutions, and sustainable transport.

2. XPO Logistics (Road)

Company NameXPO Logistics (Road)
Established Year2011
HeadquartersGreenwich, Connecticut, United States
Official WebsiteClick Here

This company offers LTL, full-truckload, and last-mile delivery services with technology-driven freight optimisation and large-scale North American and European networks.

3. UPS Freight (part of UPS)

Company NameUPS Freight (part of UPS)
Established Year1907
HeadquartersAtlanta, Georgia, United States
Official WebsiteClick Here

This company delivers parcel, LTL, and dedicated truckload services with integrated supply chain solutions and strong last-mile capabilities for e-commerce and B2B customers.

4. FedEx Freight

Company NameFedEx Freight
Established Year1971
HeadquartersMemphis, Tennessee, United States
Official WebsiteClick Here

This company provides regional and national LTL and truckload services, leveraging extensive parcel infrastructure for expedited and time-definite road freight.

5. DB Schenker (Road)

Company NameDB Schenker (Road)
Established Year1872
HeadquartersEssen, Germany
Official WebsiteClick Here

This company supplies pan-European road transport, customs-managed cross-border services, and integrated warehousing tied to digital track-and-trace capabilities.

6. Kuehne + Nagel (Road)

Company NameKuehne + Nagel (Road)
Established Year1890
HeadquartersSchindellegi, Switzerland
Official WebsiteClick Here

This company offers road freight forwarding, multimodal transport lanes, e-fulfilment road solutions, and industry-specific logistics with strong regional networks.

7. DSV Road

Company NameDSV Road
Established Year1976
HeadquartersHedehusene, Denmark
Official WebsiteClick Here

This company provides road transport services across Europe and intercontinental corridors, focusing on full-truckload, groupage and contract logistics solutions.

8. J.B. Hunt Transport Services

Company NameJ.B. Hunt Transport Services
Established Year1961
HeadquartersLowell, Arkansas, United States
Official WebsiteClick Here

This company operates dedicated, intermodal and truckload services with technology-enabled route optimisation and strong North American retail and manufacturing customer bases.

9. Penske Logistics

Company NamePenske Logistics
Established Year1969
HeadquartersReading, Pennsylvania, United States
Official WebsiteClick Here

This company provides dedicated carriage, distribution center operations, and freight management with emphasis on sustainability, telematics and tailored fleet solutions.

10. CEVA Logistics (Road)

Company NameCEVA Logistics (Road)
Established Year2007
HeadquartersMarseille, France
Official WebsiteClick Here

This company delivers regional road freight, contract logistics and last-mile programs with integrated supply chain orchestration and e-commerce fulfilment offerings.

How Big is the Road Freight Market : FAQs

The Road Freight Market is projected to reach USD 4,450 billion by 2031.
The Road Freight Market is expected to grow at a CAGR of 4.8% during 2025-2031.
Asia-Pacific shows rapid volume growth due to manufacturing and e-commerce expansion, while North America and Europe lead in technology adoption and last-mile innovation.
Key trends include electrification of truck fleets, digital freight marketplaces, telematics and AI route optimisation, consolidation among carriers, and rise of dedicated last-mile networks.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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