Illinois Freight And Logistics Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 73.06 Billion |
| Market Size (2030) | USD 85.78 Billion |
| CAGR (2025 - 2030) | 3.32% |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Illinois Freight And Logistics Market Analysis by Mordor Intelligence
The Illinois Freight And Logistics Market size is estimated at USD 73.06 billion in 2025, and is expected to reach USD 85.78 billion by 2030, at a CAGR of 3.32% during the forecast period (2025-2030).
- Illinois is reshaping its freight and logistics landscape, with a focus on tech innovations, government-led infrastructure projects, and adapting to market shifts. It has been observed that firms are turning to AI and real-time tracking to boost efficiency, even as economic pressures cause fluctuations in freight volumes and rates.
- In Illinois, firms are reportedly harnessing technology to streamline supply chains. Logistics companies are said to be implementing real-time tracking, AI-driven route optimization, and automation in warehouses to navigate the complexities of freight movement. For example, surveys by Inbound Logistics have revealed that 50% of surveyed IT vendors now offer AI-integrated solutions, a slight uptick from 44% in 2023.
- Furthermore, 42% of vendors this year are reportedly providing solutions with a related technology: machine learning. However, two other technologies that have garnered attention recently are yet to make a significant impact in logistics. Only 7% of vendors are said to be offering blockchain-based solutions, and there has been a drop from 3% in 2023 to none this year for 3D printing solutions. This reportedly underscores the growing influence of technology in the market.
- Moreover, the Illinois government is actively reported to be enhancing freight infrastructure, focusing on roadways, rail systems, and ports. In 2024, the Illinois Department of Transportation (IDOT) has reportedly pushed forward projects to alleviate congestion and boost traffic flow in vital freight corridors. Through various state-funded initiatives, Illinois is said to be not only upgrading road conditions but also enhancing the capacity of freight hubs to handle increasing volumes.
- Public-private partnerships in Illinois are reportedly playing a pivotal role in meeting the rising demands of the freight and logistics sector. These collaborations are said to be streamlining goods transportation, ensuring regulatory compliance, and fostering innovation, as emphasized during The Future of Transportation Summit in June 2024.
- In conclusion, Illinois' freight and logistics market appears to be undergoing significant transformation, driven by technological advancements, government initiatives, and collaborative efforts. These developments are expected to shape the market's trajectory in the coming years, addressing challenges and leveraging opportunities for growth.
Illinois Freight And Logistics Market Trends and Insights
Warehouse Expansion Supports Growth in Market
Warehouse construction is reshaping the freight and logistics landscape, boosting storage efficiency, curbing transportation costs, and catering to niche market demands. Beyond these operational enhancements, warehouses are pivotal in driving economic growth, creating jobs, attracting investments, and fortifying supply chain resilience against market fluctuations. Such infrastructural advancements not only bolster the logistics sector's competitiveness but also pave the way for sustained growth.
Take, for example, the Plainfield Business Center in Chicago. Here, a sprawling 788,000-square-foot speculative cross-dock warehouse is taking shape. Strategically nestled near vital transportation arteries I-55 and I-80, this facility is poised to cater to the surging demand for contemporary industrial spaces, boasting features like 40-foot clear heights and an abundance of dock doors.
According to the US Census Bureau, the "transportation and warehousing" sector in Illinois is on track to generate a whopping USD 60.4 billion in revenue for 2024. The state boasts 2,401 leased warehouses, each spanning at least 100,000 square feet. While this figure sheds light on a segment of the warehouse landscape, it's worth noting that comprehensive data on owned or differently operated warehouses remains elusive. These warehouses collectively generate a staggering 525,000 truck trips daily. Notably, 2 million residents live within a half-mile radius of a warehouse, including 127,000 children under five and 251,100 seniors over 64, as highlighted by GlobalCleanAir in April 2024.
In conclusion, the ongoing development of warehouse infrastructure in Illinois is a cornerstone of the state's freight and logistics market growth. By addressing modern industrial demands and enhancing supply chain efficiency, these advancements are set to sustain the sector's upward trajectory while contributing significantly to the state's economy and community well-being.
Market Expands with Retail Trade Growth
In 2024, Illinois' freight and logistics market has seen a notable boost, largely driven by the retail trade sector. With a surge in consumer demand, especially from the e-commerce realm, retailers have ramped up their inventory levels, resulting in a significant uptick in freight volumes.
Take, for example, the cannabis retail sales in Illinois. On July 1, 2024, the state hit a milestone, amassing USD 1 billion in cannabis sales. Breaking it down, over USD 850 million came from adult-use sales, while nearly USD 150 million was attributed to medical cannabis. This boom not only heightened transportation demand but also carved out a niche for logistics providers focusing on cannabis transportation, further propelling the sector's growth.
Moreover, as of June 2024, Agence France-Presse reported a 3.0 percent rise in the consumer price index (CPI) compared to the previous year. This uptick signals increased costs in fuel, labor, and materials, subsequently driving up freight rates. In response, businesses are fine-tuning their supply chains, paving the way for advanced logistics solutions.
In conclusion, the retail trade sector, coupled with evolving consumer demands and rising costs, continues to shape the Illinois freight and logistics market. The sector's growth is expected to remain robust, driven by innovations in supply chain optimization and niche market opportunities.
Competitive Landscape
In the Illinois Freight and Logistics Market, industry titans lead amidst a backdrop of moderate fragmentation and competition. While these giants dominate, numerous key players are forging collaborations, spearheading innovations, and expanding their business vistas. Such strategic moves aim to elevate service offerings and establish a distinct competitive advantage. Notable players in this arena encompass C.H. Robinson Worldwide, Schneider, XPO Logistics, Brite Logistics and Arrive Logistics.
For instance, as of April 2024, the Illinois freight and logistics market, Alabama-based PS Logistics has expanded its service offerings by acquiring Yordy Transport. This marks the third acquisition of a flatbed business by the logistics company.
Illinois Freight And Logistics Industry Leaders
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C.H. Robinson Worldwide
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Schneider
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XPO Logistics
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Brite Logistics
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Arrive Logistics
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- November 2024: Texas-based 3PL Mode Global has acquired the freight brokerage arm of Jillamy. This acquisition adds facilities in Pennsylvania, Arizona, Florida, Texas, Illinois, South Carolina, Maryland, and Ontario, furthering Mode Global's strategy to expand its national footprint.
- October 2024: CJ Logistics America is set to construct a 1.1-million-square-foot distribution center in Elwood, Illinois. The facility, slated to debut in the first half of 2026, will incorporate "advanced automation technologies" to boost operational efficiency, as highlighted by CJ Logistics, headquartered in Des Plaines, Illinois. This marks CJ Logistics America's second distribution center in Elwood.
Illinois Freight And Logistics Market Report Scope
Freight and logistics encompass the transportation of goods (freight) and the planning, storage, and delivery management (logistics) to ensure products move efficiently from their origin to their destination. This sector is pivotal in global trade and supply chain management.
The Illinois Freight And Logistics Market is segmented by logistic function (Courier, Express, and Parcel (CEP), freight forwarding, freight transport, by mode of transport (air, rail, road, sea and inland waterways), warehousing and storage, other services), by end user industry (agriculture, fishing and forest, construction, manufacturing, oil and gas, mining and quarrying, wholesale and retail trade, others). The report offers market size and market forecasts for Illinois Freight and Logistics Market in value (USD).
| Courier, Express, and Parcel (CEP) | ||
| Freight Forwarding | ||
| Freight Transport | By Mode of Transport | Air |
| Rail | ||
| Road | ||
| Sea and Inland Waterways | ||
| Warehousing and Storage | ||
| Other Services | ||
| Agriculture |
| Fishing and Forestry |
| Construction |
| Manufacturing |
| Oil and Gas |
| Mining and Quarrying |
| Wholesale and Retail Trade |
| Others |
| By Logistic Function | Courier, Express, and Parcel (CEP) | ||
| Freight Forwarding | |||
| Freight Transport | By Mode of Transport | Air | |
| Rail | |||
| Road | |||
| Sea and Inland Waterways | |||
| Warehousing and Storage | |||
| Other Services | |||
| By End User Industry | Agriculture | ||
| Fishing and Forestry | |||
| Construction | |||
| Manufacturing | |||
| Oil and Gas | |||
| Mining and Quarrying | |||
| Wholesale and Retail Trade | |||
| Others | |||
Key Questions Answered in the Report
How big is the Illinois Freight And Logistics Market?
The Illinois Freight And Logistics Market size is expected to reach USD 73.06 billion in 2025 and grow at a CAGR of 3.32% to reach USD 85.78 billion by 2030.
What is the current Illinois Freight And Logistics Market size?
In 2025, the Illinois Freight And Logistics Market size is expected to reach USD 73.06 billion.
Who are the key players in Illinois Freight And Logistics Market?
C.H. Robinson Worldwide, Schneider, XPO Logistics, Brite Logistics and Arrive Logistics are the major companies operating in the Illinois Freight And Logistics Market.
What years does this Illinois Freight And Logistics Market cover, and what was the market size in 2024?
In 2024, the Illinois Freight And Logistics Market size was estimated at USD 70.63 billion. The report covers the Illinois Freight And Logistics Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Illinois Freight And Logistics Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Illinois Freight And Logistics Market Report
Statistics for the 2025 Illinois Freight And Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Illinois Freight And Logistics analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
