Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 247.6 Billion |
Market Size (2030) | USD 308.1 Billion |
CAGR (2025 - 2030) | 4.47 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
North America Cross Border Road Freight Transport Market Analysis
The North America Cross Border Road Freight Transport Market size is estimated at 247.6 billion USD in 2025, and is expected to reach 308.1 billion USD by 2030, growing at a CAGR of 4.47% during the forecast period (2025-2030).
The North American cross-border road freight transport market is characterized by substantial trade flows and infrastructure development initiatives. The land borders of the United States with Canada and Mexico serve as crucial pathways for supply chains, facilitating approximately USD 3 billion in cross-border road freight daily. In 2022, the total value of US international trade reached USD 6.5 trillion, with trade between the United States and its neighbors, Canada and Mexico, constituting USD 1.6 trillion, or 24% of this total. The busiest border crossing between Canada and the United States at Windsor, Ontario, accounts for USD 131 billion in trade. These robust trade relationships have prompted significant infrastructure investments, with the US Department of Transportation committing USD 31 million to expand cargo infrastructure and strengthen supply chains.
The industry is witnessing a transformative shift toward sustainable transportation solutions and infrastructure modernization. The US government has allocated USD 350 billion for highway programs through September 2026, marking the most significant bridge-focused investment since the Interstate Highway System's inception. This commitment to infrastructure development is complemented by ambitious environmental targets, with the US aiming for 30% nationwide zero-emission truck sales by 2030 and 100% by 2040. The Government of Mexico has also initiated a USD 44 billion plan for 2020-2024, focusing on transportation infrastructure under the National Private Sector Infrastructure Investment Agreement.
The sector is experiencing significant workforce developments and operational expansions. In 2022, truck driver employment in the US increased by 1.5% to 3.54 million, with the broader trucking sector employing 8.4 million people. This growth in employment is accompanied by major industrial investments, exemplified by Tesla's announcement in March 2023 to build a USD 5 billion assembly plant near Monterrey, Mexico, scheduled to begin production in 2025. Similarly, Tier 1 auto parts supplier Kirchhoff Automotive has announced plans to expand its manufacturing operations in Puebla, Mexico, with a new plant near Queretaro set to commence operations in 2025.
The industry is adapting to evolving trade dynamics and technological advancements. In June 2024, total transborder freight amounted to USD 134.2 billion, with trucks accounting for a significant portion of freight movement. Mexico has notably surpassed China as the biggest exporter of goods to the United States, with Mexican exports to the US reaching USD 475.6 billion in 2023, marking a 5% increase from 2022. This shift in trade patterns is accompanied by infrastructure modernization efforts, such as Mexico's development of the Isthmus of Tehuantepec into a 188-mile rail corridor, a USD 2.8 billion project aimed at handling up to 1.4 million shipping containers annually by 2033.
North America Cross Border Road Freight Transport Market Trends
The US dominates with maximum regional GDP contribution, fueled by an infrastructure program that boosts ports and supply chains
- An efficient and reliable transportation system is crucial for the economy. Through the National Trade Corridors Fund, the Government of Canada invests in improving supply chains, reducing trade barriers, and fostering business growth for future economic opportunities. In May 2024, the Minister of Transport announced up to USD 51.2 million for 19 digital infrastructure projects under this fund. The Canadian government aims to enhance supply chains with innovative technologies to expedite and reduce costs for Canadians. This initiative will drive collaboration with stakeholders nationwide on digital projects to address transportation bottlenecks, vulnerabilities, and port congestion effectively.
- In United States, infrastructure development and the rise of e-commerce are anticipated to boost employment in the transportation and storage sector. According to the Bureau of Labor Statistics (BLS), this sector is projected to grow at a rate of 0.8% annually from 2022 to 2032, resulting in the addition of nearly 570,000 jobs during that timeframe. The couriers and messengers industry, along with warehousing and storage, are expected to contribute significantly to about 80% of the sector's projected job growth.
Rising tensions in the Middle East are expected to affect crude oil supplies and lead to sudden price hikes in the region
- By October 2024, just ahead of the presidential election, gasoline prices in the US were projected to dip below USD 3 a gallon for the first time in over 3 years. This decline in fuel prices, primarily driven by waning demand and decreasing oil prices, offered a reprieve to consumers who had been grappling with elevated costs contributing to inflation. Such a development could have bolstered Vice President Kamala Harris and other Democrats in addressing Republican critiques regarding soaring gas prices. As of September 2024, regular gas averaged USD 3.25 a gallon, marking a 19-cent drop from the previous month and a 58-cent YoY decrease.
- Annual maintenance on Canada's oil sands plants in 2024 is expected to proceed normally. However, trade union officials warn of a labor shortage in Alberta's 2025 turnaround season due to two new industrial projects. Alberta producers annually hire thousands of skilled workers for essential maintenance on oil sands upgraders, thermal projects, and refineries. As the world's fourth-largest oil producer, Canada gets about two-thirds of its 4.9 million barrels per day of crude from the northern Alberta oil sands. This shortage might raise fuel prices in 2025.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Regional manufacturing sector getting a boost with the CHIPS and Science Act and Green Manufacturing Initiative
- The e-commerce industry in North America is expected to grow by 11.25% from 2023-2027, supported by increasing smartphone users and number of online stores
- Canada leads in North America region, with 7th rank in LPI fueled by logistics quality and infrastructure growth in 2023
- The United States is projected to become the world's fifth-largest rice exporter, with 3.1 million tons by 2031-32
- The trucking industry in the US is anticipated to hire almost 1.2 million new drivers in the next decade to fill vacancies
- GM group ranked first in Canada’s truck sales, totaling 27,616 trucks in the first quarter of 2024
- Growing gasoline prices and driver wages are impacting road freight pricing despite government infrastructure investments
- A rise in gas prices acted as a major catalyst for increased PPI and CPI in the region
- Agriculture, fishing, and forestry registered the highest growth in recent years owing to rising trade under the US-Mexico-Canada Agreement (USMCA)
- The shift toward Mexico from China is expected to boost manufacturing production in the coming years
- Increasing funding for road infrastructure projects in the region facilitating significant growth
- Mexico's natural gas imports are expected to double by 2030 due to rising demand
- Walmart Canada introduced a new hydrogen fuel cell-powered electric semi-truck in June 2024
- Road transport infrastructure investments undertaken by regional economies along with booming trade boosting road freight volumes
- Rising government efforts in region to support land (road and rail) mode of transport, with rising infrastructure investments
Segment Analysis: End User Industry
Manufacturing Segment in North America Cross-Border Road Freight Transport Market
The manufacturing segment dominates the North American cross-border road freight transport market, holding approximately 33% market share in 2024. This significant market position is primarily driven by the extensive trade of manufactured goods between the United States, Canada, and Mexico. The land borders serve as crucial pathways for supply chains across North America, facilitating approximately USD 3 billion in cross-border trade daily. Key manufactured goods transported include computers and machinery valued at USD 183 billion, electrical machinery at USD 145 billion, and vehicles and parts at USD 125 billion. The segment's strength is further reinforced by major truck ports like Laredo, which manages USD 238 billion worth of freight in trade with Mexico, followed by Detroit at USD 115 billion and El Paso/Ysleta at USD 73 billion.

Wholesale and Retail Trade Segment in North America Cross-Border Road Freight Transport Market
The wholesale and retail trade segment is experiencing the fastest growth in the North American cross-border road freight transport market, with a projected CAGR of approximately 5% during 2024-2029. This growth is primarily driven by the surge in e-commerce retail sales and cross-border shopping trends. Major companies like Amazon and eBay have emerged as highly favored marketplaces for cross-border shopping, with cross-border sales contributing to almost a quarter of third-party units sold on Amazon. The food and beverages sub-segment has shown particularly strong performance, with significant growth in online food market users. The segment's growth is further supported by robust infrastructure development, increasing smartphone penetration, and improved accessibility to online services across North America.
Remaining Segments in End User Industry
The other segments in the market include agriculture, fishing, and forestry; construction; oil and gas, mining and quarrying; and other miscellaneous industries. The agriculture sector benefits from strong trade relationships between the US, Canada, and Mexico, particularly in grain exports and food products. The construction segment is driven by infrastructure development projects across North America, while the oil and gas segment is influenced by energy trade flows between the three countries. These segments collectively contribute to the market's diversity and stability, with each serving specific industrial needs and trade requirements in the international road freight transport ecosystem.
North America Cross Border Road Freight Transport Market Geography Segment Analysis
North America Cross-Border Road Freight Transport Market in the United States
The United States dominates the North American road freight transportation market, commanding approximately 87% of the market share in 2024. The country's robust infrastructure network and strategic geographical position between Canada and Mexico have established it as a crucial hub for cross-border road freight. The land borders serve as vital pathways for supply chains, facilitating around USD 3 billion in daily cross-border trade. The implementation of advanced technologies and modernization of border crossing facilities has significantly enhanced the efficiency of freight movement. The country's commitment to strengthening supply chain resilience is evident through various federal initiatives and infrastructure investments. The emphasis on developing sustainable transport solutions, including the adoption of electric vehicles and implementation of smart border technologies, demonstrates the market's progressive approach. Furthermore, the increasing focus on nearshoring activities and the strengthening of trade relationships with neighboring countries continues to drive the growth of cross-border road freight transport in the United States.
North America Cross-Border Road Freight Transport Market in Mexico
Mexico's cross-border road freight transport market is experiencing remarkable growth, projected to expand at approximately 6% CAGR from 2024 to 2029. The country's strategic position and extensive road network facilitate efficient shipment and distribution of merchandise throughout North and Central America. The ongoing trend of nearshoring has positioned Mexico as a preferred destination for manufacturing operations, particularly evident in the automotive sector. The country's commitment to infrastructure development is demonstrated through significant investments in highway systems and border crossing facilities. The establishment of new manufacturing facilities by major global companies has created additional demand for cross-border transportation services. The modernization of customs procedures and implementation of advanced tracking systems have significantly improved the efficiency of cross-border operations. The country's focus on developing integrated transportation corridors and enhancing connectivity with the United States has further strengthened its position in the regional market. Additionally, the government's initiatives to improve road infrastructure and security measures have boosted confidence among international shippers and logistics providers.
North America Cross-Border Road Freight Transport Market in Canada
Canada's cross-border road freight transport market continues to evolve with significant technological advancements and infrastructure developments. The country's extensive network of highways and strategic border crossings facilitates seamless freight movement with the United States. The implementation of advanced driver assistance systems and the growing adoption of electric vehicles in commercial fleets demonstrate Canada's commitment to sustainable transportation solutions. The government's initiatives to enhance border crossing efficiency through digital solutions and automated systems have significantly improved cross-border operations. The country's focus on developing integrated logistics solutions and implementing smart transportation technologies has strengthened its position in the regional market. The expansion of warehousing facilities near major border crossings and the implementation of advanced tracking systems have enhanced the efficiency of cross-border operations. Furthermore, the country's emphasis on developing sustainable transport solutions and improving supply chain resilience has attracted significant investments in the sector.
North America Cross-Border Road Freight Transport Market in Other Countries
The rest of the North American region, including Caribbean nations and other territories, plays a supporting role in the international road freight transport market. These markets are characterized by unique geographical challenges and varying levels of infrastructure development. The implementation of regional trade agreements and infrastructure development initiatives has created new opportunities for cross-border transportation services. Countries in this segment are increasingly focusing on modernizing their transportation infrastructure and implementing digital solutions to enhance connectivity. The development of strategic partnerships with major logistics providers and the adoption of advanced transportation management systems have improved the efficiency of cross-border operations. These markets are also witnessing increased investments in sustainable transportation solutions and the implementation of advanced security measures. The growing emphasis on regional integration and the development of trade corridors has created new opportunities for cross-border transportation services in these markets.
North America Cross Border Road Freight Transport Industry Overview
Top Companies in North America Cross-Border Road Freight Transport Market
The leading companies in the cross-border road freight transport market are focusing heavily on technological innovation and digital transformation to enhance operational efficiency and customer experience. Major players are investing in fleet modernization, particularly in electric and autonomous vehicles, while also developing advanced tracking and management systems. There is a strong emphasis on expanding cross-border capabilities through strategic partnerships and infrastructure development, especially at key border crossing points between the United States, Canada, and Mexico. Companies are also prioritizing sustainability initiatives through green fleet programs and eco-friendly logistics solutions. The market has witnessed significant investment in warehousing and distribution networks, particularly near border regions, to facilitate seamless cross-border operations. Additionally, firms are enhancing their service portfolios by integrating specialized offerings such as temperature-controlled transport and hazardous materials handling capabilities.
Market Structure Shows Dynamic Competitive Environment
The North American cross-border road freight transport market exhibits a fragmented structure with a mix of large multinational logistics companies and specialized regional players. The market is characterized by the presence of established players with extensive networks and infrastructure, alongside smaller specialized carriers focusing on specific routes or service types. Major conglomerates are leveraging their vast resources and integrated service offerings to maintain market dominance, while regional specialists are carving out niches through specialized services and local market expertise. The competitive landscape is further shaped by strategic alliances and partnerships, particularly between US-based companies and their Mexican and Canadian counterparts, to enhance cross-border capabilities and market reach.
The market has witnessed significant merger and acquisition activity, primarily driven by the need to expand geographical presence and service capabilities. Large players are actively acquiring regional carriers and technology companies to strengthen their market position and enhance their technological capabilities. The industry is seeing increased consolidation as companies seek to achieve economies of scale and expand their service offerings. This trend is particularly evident in the acquisition of specialized carriers offering niche services such as refrigerated transport and cross-border expertise. The market also shows a growing trend of vertical integration as companies seek to control more aspects of the supply chain and offer end-to-end logistics solutions.
Innovation and Adaptation Drive Future Success
Success in the cross-border road freight market increasingly depends on companies' ability to adapt to evolving customer needs and technological advancements. Incumbent players are focusing on strengthening their digital capabilities through investments in fleet management systems, real-time tracking solutions, and automated customs documentation processes. Market leaders are also expanding their service portfolios to include value-added services such as warehousing, distribution, and supply chain consulting. The ability to offer integrated cross-border solutions, combined with strong local market knowledge and established relationships with customs authorities, remains crucial for maintaining competitive advantage. Companies are also investing in sustainable practices and green technologies to meet growing environmental concerns and regulatory requirements.
For contenders looking to gain market share, the focus needs to be on developing specialized capabilities and leveraging technology to improve operational efficiency. New entrants are finding opportunities in underserved market segments and specific trade corridors where they can offer specialized services or better customer experience. The market shows increasing emphasis on building strong relationships with key industry sectors such as automotive, retail, and manufacturing, which represent significant cross-border trade volumes. Success also depends on the ability to navigate complex regulatory environments and maintain compliance with cross-border trade regulations. Companies need to maintain flexibility in their operations to adapt to changing trade policies and economic conditions while investing in risk management capabilities to handle potential disruptions in cross-border operations.
North America Cross Border Road Freight Transport Market Leaders
-
Fastfrate Inc.
-
Knight-Swift Transportation Holdings Inc.
-
Landstar System Inc.
-
Ryder System, Inc.
-
United Parcel Service of America, Inc. (UPS)
- *Disclaimer: Major Players sorted in no particular order
North America Cross Border Road Freight Transport Market News
- August 2024: DHL Express launched the “Small Business PartnerSHIP” Program, aimed at empowering small and medium-sized enterprises (SMEs) across the United States. This initiative facilitated these businesses' entry into global markets and fostered their international growth. Offered at no extra charge, the program granted SMEs a suite of valuable benefits. These included shipping promo codes and discounts, streamlined shipping solutions via the MyDHL+ platform, and insights on international shipping regulations through the Global Trade Services (MyGTS). Furthermore, the GoGreen Plus initiative aided in curbing carbon emissions from shipments. Beyond these, SMEs benefited from e-commerce guidance, mentorship opportunities, access to informative webinars and events, and personalized assistance from Certified International Specialists.
- July 2024: UPS has inked a deal to acquire Estafeta, a prominent player in the Mexican express delivery market. This move aligns with UPS's 'Better and Bolder' strategy, designed to elevate its standing as a premier global player in international small package and logistics services.
- February 2024: DHL Supply Chain invested in three key technologies in 2024: orchestration, robotics, and artificial intelligence (AI). The orchestration platform integrated with existing and new technologies, creating a connected and responsive supply chain. Orchestration involved an end-to-end supply chain, including the warehouse, where the company pioneered advancements. Beyond traditional automation, the company focused on deploying various robots, expanding its fleet of over 7,000 robots globally. DHL co-developed solutions with new partners, such as the 'Carter' robot, in collaboration with Robust. The company piloted Generative AI to develop system interfaces and data products rapidly and rolled out intelligent optimization algorithms to streamline warehouse tasks.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 60+ free charts, the section covers difficult to find data on various regions pertaining to e-commerce industry trends, economic contribution of the transportation & storage sector, export and import trends among other key indicators.
North America Cross Border Road Freight Transport Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 GDP Distribution By Economic Activity
- 4.2 GDP Growth By Economic Activity
-
4.3 Economic Performance And Profile
- 4.3.1 Trends in E-Commerce Industry
- 4.3.2 Trends in Manufacturing Industry
- 4.4 Transport And Storage Sector GDP
- 4.5 Logistics Performance
- 4.6 Length Of Roads
- 4.7 Export Trends
- 4.8 Import Trends
- 4.9 Fuel Pricing Trends
- 4.10 Trucking Operational Costs
- 4.11 Trucking Fleet Size By Type
- 4.12 Major Truck Suppliers
- 4.13 Road Freight Tonnage Trends
- 4.14 Road Freight Pricing Trends
- 4.15 Modal Share
- 4.16 Inflation
- 4.17 Regulatory Framework
- 4.18 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2030 and analysis of growth prospects)
-
5.1 End User Industry
- 5.1.1 Agriculture, Fishing, and Forestry
- 5.1.2 Construction
- 5.1.3 Manufacturing
- 5.1.4 Oil and Gas, Mining and Quarrying
- 5.1.5 Wholesale and Retail Trade
- 5.1.6 Others
-
5.2 Country
- 5.2.1 Canada
- 5.2.2 Mexico
- 5.2.3 United States
- 5.2.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles
- 6.4.1 Cowtown Logistics Freight Management
- 6.4.2 DHL Group
- 6.4.3 Fastfrate Inc.
- 6.4.4 Knight-Swift Transportation Holdings Inc.
- 6.4.5 Landstar System Inc.
- 6.4.6 Ryder System, Inc.
- 6.4.7 Trans International Trucking, Inc.
- 6.4.8 United Parcel Service of America, Inc. (UPS)
- 6.4.9 Werner Enterprises Inc.
- 6.4.10 XPO, Inc.
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR ROAD FREIGHT CEOS
8. APPENDIX
-
8.1 Global Logistics Market Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (Market Drivers, Restraints & Opportunities)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
- 8.7 Currency Exchange Rate
List of Tables & Figures
- Figure 1:
- DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, NORTH AMERICA, 2022
- Figure 2:
- GROWTH OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, CAGR %, NORTH AMERICA, 2017 – 2022
- Figure 3:
- GROSS MERCHANDISE VALUE (GMV) OF E-COMMERCE INDUSTRY, USD, NORTH AMERICA, 2017 - 2027
- Figure 4:
- SECTORAL SHARE IN E-COMMERCE INDUSTRY GROSS MERCHANDISE VALUE (GMV), SHARE %, NORTH AMERICA, 2022
- Figure 5:
- GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY (IN CURRENT PRICES), USD, NORTH AMERICA, 2017 - 2022
- Figure 6:
- SECTORAL SHARE IN GROSS VALUE ADDED (GVA) OF MANUFACTURING INDUSTRY, SHARE %, NORTH AMERICA, 2022
- Figure 7:
- VALUE OF TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), USD, NORTH AMERICA, 2017 – 2022
- Figure 8:
- TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT (GDP), SHARE % OF GDP, NORTH AMERICA, 2017-2022
- Figure 9:
- RANK OF LOGISTICS PERFORMANCE, RANK, NORTH AMERICA, 2010 - 2023
- Figure 10:
- SHARE OF ROAD LENGTH BY SURFACE CATEGORY, %, NORTH AMERICA, 2022
- Figure 11:
- SHARE OF ROAD LENGTH BY SURFACE CLASSIFICATION, %, NORTH AMERICA, 2022
- Figure 12:
- VALUE OF EXPORTS, USD, NORTH AMERICA, 2017 - 2022
- Figure 13:
- VALUE OF IMPORTS, USD, NORTH AMERICA, 2017 - 2022
- Figure 14:
- FUEL PRICE BY TYPE OF FUEL, USD/LITER, NORTH AMERICA, 2017 - 2022
- Figure 15:
- OPERATIONAL COSTS OF TRUCKING - BREAKDOWN BY OPERATING COST ELEMENT, %, NORTH AMERICA, 2022
- Figure 16:
- TRUCKING FLEET SIZE BY TYPE, SHARE %, NORTH AMERICA, 2022
- Figure 17:
- MARKET SHARE OF MAJOR TRUCK SUPPLIER BRANDS, SHARE %, NORTH AMERICA, 2022
- Figure 18:
- FREIGHT HANDLED BY ROAD TRANSPORT, TONS, NORTH AMERICA, 2017 - 2030
- Figure 19:
- PRICE TREND OF ROAD FREIGHT TRANSPORT SERVICE, USD/TON-KM, NORTH AMERICA, 2017 - 2022
- Figure 20:
- MODAL SHARE OF FREIGHT TRANSPORTATION SECTOR, SHARE % BY TON-KM, NORTH AMERICA, 2022
- Figure 21:
- MODAL SHARE OF FREIGHT TRANSPORT SECTOR, SHARE % BY TONS, NORTH AMERICA, 2022
- Figure 22:
- WHOLESALE PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 23:
- CONSUMER PRICE INFLATION RATE, %, NORTH AMERICA, 2017 - 2022
- Figure 24:
- VOLUME OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 25:
- VALUE OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 26:
- VOLUME OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 27:
- VALUE OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 28:
- VALUE SHARE OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY END USER INDUSTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 29:
- VOLUME OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 30:
- VALUE OF AFF INDUSTRY (AGRICULTURE, FISHING, AND FORESTRY) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 31:
- VALUE SHARE OF AGRICULTURE, FISHING, AND FORESTRY INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 32:
- VOLUME OF CONSTRUCTION INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 33:
- VALUE OF CONSTRUCTION INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 34:
- VALUE SHARE OF CONSTRUCTION INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 35:
- VOLUME OF MANUFACTURING INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 36:
- VALUE OF MANUFACTURING INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 37:
- VALUE SHARE OF MANUFACTURING INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 38:
- VOLUME OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 39:
- VALUE OF EXTRACTION INDUSTRY (OIL AND GAS, MINING AND QUARRYING) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 40:
- VALUE SHARE OF EXTRACTION INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 41:
- VOLUME OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 42:
- VALUE OF DISTRIBUTIVE TRADE INDUSTRY (WHOLESALE AND RETAIL TRADE) CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 43:
- VALUE SHARE OF WHOLESALE AND RETAIL TRADE INDUSTRY CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 44:
- VOLUME OF OTHER END USER INDUSTRIES CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 45:
- VALUE OF OTHER END USER INDUSTRIES CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, NORTH AMERICA, 2017 - 2030
- Figure 46:
- VALUE SHARE OF OTHER END USER INDUSTRIES CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY DESTINATION, %, NORTH AMERICA, 2022 VS 2030
- Figure 47:
- VALUE OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 48:
- VALUE SHARE OF CROSS BORDER ROAD FREIGHT TRANSPORT MARKET BY COUNTRY, %, NORTH AMERICA, 2017 - 2030
- Figure 49:
- VALUE OF CANADA CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, CANADA, 2017 - 2030
- Figure 50:
- CAGR OF CANADA CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, %, CANADA, 2017 - 2030
- Figure 51:
- VALUE OF MEXICO CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, MEXICO, 2017 - 2030
- Figure 52:
- CAGR OF MEXICO CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, %, MEXICO, 2017 - 2030
- Figure 53:
- VALUE OF UNITED STATES CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, UNITED STATES, 2017 - 2030
- Figure 54:
- CAGR OF UNITED STATES CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, %, UNITED STATES, 2017 - 2030
- Figure 55:
- VALUE OF REST OF NORTH AMERICA CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, USD, REST OF NORTH AMERICA, 2017 - 2030
- Figure 56:
- CAGR OF REST OF NORTH AMERICA CROSS BORDER ROAD FREIGHT TRANSPORT MARKET, %, REST OF NORTH AMERICA, 2017 - 2030
- Figure 57:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 58:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2017 - 2023
- Figure 59:
- VALUE SHARE OF MAJOR PLAYERS, %, NORTH AMERICA
North America Cross Border Road Freight Transport Industry Segmentation
Agriculture, Fishing, and Forestry, Construction, Manufacturing, Oil and Gas, Mining and Quarrying, Wholesale and Retail Trade, Others are covered as segments by End User Industry. Canada, Mexico, United States are covered as segments by Country.End User Industry | Agriculture, Fishing, and Forestry |
Construction | |
Manufacturing | |
Oil and Gas, Mining and Quarrying | |
Wholesale and Retail Trade | |
Others | |
Country | Canada |
Mexico | |
United States | |
Rest of North America |
Market Definition
- Agriculture, Fishing, and Forestry (AFF) - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the AFF industry players on road freight transport service. The end user players considered are the establishments primarily engaged in growing crops, raising animals, harvesting timber, harvesting fish & other animals from their natural habitats and providing related support activities. Herein, across the value chain, Logistics Service Providers (LSPs) play a crucial role in acquisition, storage, handling, transportation, and distribution activities for the optimal & continuous flow of inputs (seeds, pesticides, fertilizers, equipment, and water) from manufacturers or suppliers to the producers and smooth flow of output (produce, agro-goods) to distributors/ consumers. This includes both termperature controlled and non-temperature controlled logistics, as and when required according to the shelf life of goods being transported or stored.
- Construction - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the construction industry players, on road freight transport service. The end user players considered are the establishments primarily engaged in constructing, repairing and renovating residential & commercial buildings, infrastructure, engineering works, subdividing and developing land. Logistics Service Providers (LSPs) play a crucial role in increasing profitability of construction projects by maintaing the inventory of raw materials & equipment, time-critical supplies and by providing other value added services for effective project management.
- Containerized Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Full-Truck-Load (FTL) services. FTL road freight transport is characterized as a full single load not combined with other shipments. It comprises of shipments (i) devoted to the goods of a single shipper (ii) taken directly from a point of origin to one or more destination points (iii) comprising of bulk mail truck transportation (iv) comprising of both Container (Full Container Load, FCL)/Non-Container trucking services (v)comprsing of goods requiring temperature controlled or non-temperature controlled transportation services (vi) comprising of bulk liquid tankering (vii) invoving trucking of waste (viii) hazardous material trucking. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- Export Trends and Import Trends - Overall logistics performance of an economy is positively and significantly (statistically) correlated to its trade performance (exports and imports). Hence, in this industry trend, total value of trade, major commodities/ commodity groups and the major trade partners, for the studied geography (country or region as per the scope of report) have been analysed alongside the impact of major trade/logistics infrastructure investments & regulatory environment.
- Fluid Goods - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users for the transport of bulk liquids, that are often used in extraction, manufacturing, food processing, agriculture industries among others. It includes transportation of liquids like (i) Chemicals/ hazardous goods (for instance acids) (ii) Water (potable as well as waste) (iii) Oil and gas (upstream as well as downstream like gasoline, fuel, crude oil, or propane), (iv) Food grade bulk liquids (like milk, or juice), (v) Rubber, (vi) Agrichemical products, among others. These goods are generally transported through tanker trucking.
- Fuel Price - Fuel price spikes can cause delays and diruption for logistics service providers (LSPs), while drops in the same can result in higher short-term profitability and increased market rivalry to offer consumers with the best deals. Hence, the fuel price variations have been studied over the review period and presented along with the causes as well as market impacts.
- Full-Truck-Load (FTL) Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Full-Truck-Load (FTL) services. FTL road freight transport is characterized as a full single load not combined with other shipments. It comprises of shipments (i) devoted to the goods of a single shipper (ii) taken directly from a point of origin to one or more destination points (iii) comprising of bulk mail truck transportation (iv) comprising of both Container (Full Container Load, FCL)/Non-Container trucking services (v)comprsing of goods requiring temperature controlled or non-temperature controlled transportation services (vi) comprising of bulk liquid tankering (vii) invoving trucking of waste (viii) hazardous material trucking. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- GDP Distribution by Economic Activity - Nominal Gross Domestic Product and distribution of the same, across major economic sectors in the geography studied (country or region as per scope of the report) have been studied and presented in this industry trend. As GDP is positively related to the profitability and growth of logistics industry, this data has been used in adjunction to the input-output tables/ supply-use tables for analyzing the potential major contributing sectors towards the logistics demand.
- GDP Growth by Economic Activity - Growth of Nominal Gross Domestic Product across major economic sectors, for the geography studied (country or region as per scope of the report) have been presented in this industry trend. This data has been utilized for assessing the growth of logistics demand from all the market end users (economic sectors considered here).
- Inflation - Variations in both Wholesale Price Inflation (YoY change in producer price index) and Consumer Price Inflation have been presented in this industry trend. This data has been used to assess the inflationary environment as it plays a vital role in smooth functioning of the supply chain, directly impacting the logistics operational cost components e.g., pricing of tyres, driver wages & benefits, energy/fuel prices, maintenace costs, toll charges, warehousing rents, custom brokerage, forwarding rates, courier rates etc. hence impacting the overall freight and logistics market.
- Key Industry Trends - The report section named "Key Industry Trends" include all the key variables/parameters studied to better analyze the market size estimates and forecasts. All the trends have been presented in the form of data points (time series or latest available data points) along with analysis of the paramter in the form of concise market relevant commentary, for the geography studied (country or region as per the scope of report).
- Key Strategic Moves - The action taken by a company to differentiate from its competitor or used as a general strategy is referred to as a key strategic move (KSM). This includes (1) Agreements (2) Expansions (3) Financial Restructuring (4) Mergers and Acquisitions (5) Partnerships, and (6) Product Innovations. Key players (Logistics Service Providers, LSPs) in the market have been shortlisted, their KSM have been studied and presented in this section.
- Less than-Truck-Load (LTL) Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on Less than-Truck-Load (LTL) services. LTL road freight transport is characterized as multiple shipments combined onto a single truck for multiple deliveries within a network. It comprises of establishments (i) primarily engaged in general and specialized freight trucking of less than complete truck-loads, (ii) characterized by the use of terminals to consolidate shipments, generally from several shippers, into a single truck for haulage between a load assembly terminal and a disassembly terminal, where the load is sorted and shipments are re-routed for delivery (iv) Less than-Container-Load (LCL) shipping/ Groupage Shipping in case of trucking services. The activities in scope include (i) local pick-up, (ii) line-haul, and (iii) local delivery. Related value added services (VAS) of sorting, consolidation, deconslidation are included in the other services segment of freight and logistics market.
- Logistics Performance - Logistics Performance and Logistics Costs are the backbone of trade, and influences trade costs, making countries compete globally. Logistics performance is influenced by market wide adopted supply chain management strategies, government services, investments & policies, fuel/ energy costs, inflationary environment etc. Hence, in this industry trend, the logistics performance of the geography studied (country/ region as per the scope of report) has been analysed and presented over the review period.
- Major Truck Suppliers - Market share of truck brands is influenced by factors like geographical preferences, portfolio of truck types, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological innovations (like electric vehicles, digitalization, autonomous trucks), fuel efficiency, financing options, annual maintenance costs, availability of substitutes, marketing startegies etc. Hence, the distribution (share % for base year of the study) of truck sales volume for leading truck brands and commentary on current market scenario & market anticipation over the forecast period have been presented in this industry trend.
- Manufacturing - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the Manufacturing industry players, on road freight transport service. The end user players considered are the establishments primarily engaged in the chemical, mechanical or physical transformation of materials or substances into new products. Logistics Service Providers (LSPs) play a crucial role in maintaining a smooth flow of raw materials across the supply chain, enabling timely delivery of finished goods to distributors or end customers and storing & supplying the raw materials to clients for just-in-time manufacturing.
- Modal Share - Freight Modal Share is influenced by factors like modal productivity, government regulations, containerization, distance of shipment, temperature control requirements, type of goods, international trade, terrain, speed of delivery, shipment weight, bulk shipments, etc. Also, modal share by tonnage (tons) and modal share by freight turnover (ton-km) differ as per average distance of shipments, weight of major commodity groups transported in the economy and number of trips. This industry trend represents the distribution of freight transported by mode of transport (tons as well as ton-km), for the study base year.
- Oil and Gas, Mining and Quarrying - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the extraction industry players, on road freight transport service. The end user players considered are the establishments that extract naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. Logistics Service Providers (LSPs) covers entire phases from upstream to downstream and plays a crucial role in the transportation of machinery, drilling equipments, extracted minerals, crude oil & natural gas and refined/ processed products from one place to another.
- Other End Users - Other end user segment captures the external (outsourced) logistics expenditure incurred by the financial services (BFSI), real estate, educational services, healthcare, and professional services (administrative, waste management, legal, architectural, engineering, design, consulting, scientific R&D), on road freight transport service. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies and documents to/from these industries such as transporting any equipment or resources required, shipping confidential documents and files, movement of medical goods & supplies (surgical supplies and instruments, including gloves, masks, syringes, equipment) to name a few.
- Producer Price Inflation - It indicates inflation from viewpoint of the producers viz. the average selling price received for their output over a period of time. Annual change (YoY) of producer price index is reported as wholesale price inflation in the "Inflation" industry trend. As WPI captures dynamic price movements in most comprehensive way, it is widely used by governments, banks, industry, business circles and is deemed important in formulation of trade, fiscal and other economic policies. The data has been used in adjunction to consumer price inflation for better understanding the inflationary environment.
- Road Freight Pricing Trends - Freight pricing by mode of transport (USD/tonkm), over the review period, has been presented in this industry trend. The data has been used in assessing the inflationary environment, impact on trade, freight turnover (tonkm), road freight transport market demand and hence the road freight transport market size.
- Road Freight Tonnage Trends - Freight tonnage (weight of goods in tons) handled by mode of transport, over the review period, has been presented in this industry trend. The data has been used as one of the parameters apart from average distance per shipment (km), freight volume (tonkm), and freight pricing (USD/tonkm) to assess the freight transport market size.
- Road Freight Transport - Hiring a road freight transport logistics service provider (LSP) or haulier (outsourced logistics), for the transport of commodities constitutes road freight transport market. The scope of study includes (i) road transport of goods reported by hauliers registered in the reporting countries (ii) transport of raw materials or manufactured goods (solids as well as fluids) (iii) transport using commerical motor vehicles (rigid trucks or tractor-trailers, (iv) Full-Truck-Load (FTL) or Less than-Truck-Load (LTL) transport (v) containerized or non-containerized transport (vi) temperature controlled or non-temperature controlled trasnport, (vii) short haul or long haul (Over-the-road, OTR) transport, (viii) used office or household goods transport (movers and packers), (ix) other specialized cargo transport (dangerous goods, oversized cargo) and (x) outsourced first mile/ middle mile/last mile delivery shipments undertaken by road freight transport players. The scope does not include (i) transport undertaken by hauliers registered in other countries (ii) last mile meal delivery market (iii) grocery delivery market (iv) transportation via road network undertaken/ reported by Courier, Express, and Parcel (CEP) players.
- Road Length - As infrastructure plays a vital role in an economy's logistics performance, variables like length of roads, distribution of road length by surface category (paved v/s unpaved), distribution of road length by road classification (expressways v/s highways v/s other roads), have been analysed and presented in this industry trend.
- Segmental Revenue - Segmental Revenue has been triangulated or computed and presented for all the major players in the market. It refers to the road freight transport market specific revenue earned by the company, over the base year of study, in the geography studied (country or region as per the scope of report). It is computed through the study and analysis of major parameters like financials, service portfolio, employee strength, fleet size, investments, number of countries present in, major economies of concern, etc. that have been reported by the company in its annual reports, webpage. For companies having scarce financial disclosures, paid databases like D&B Hoovers, Dow Jones Factiva have been resorted to and verified through industry/expert interactions.
- Short Haul Road Freight Transport - The segment captures the external (outsourced) logistics expenditure incurred by the road freight transport service end users on local trucking (less than 100 miles). It includes the road transport of goods (i) within a single administrative area and its hinterland, (ii) by smaller trucks and pickup trucks (iii) via containerized as well as dry bulk services (iv) intermodal from ports, container terminals or airports, and (v) outsourced first mile/ last mile delivery shipments undertaken by road freight transport players.
- Transport and Storage Sector GDP - Value and growth of Transport and Storage Sector GDP has a direct relation to the freight and logistics market size, and hence road freight transport market size. Therefore, this variable has been studied and presented over the review period, in value terms (USD) and as share % of total GDP, in this industry trend. The data has been supported by concise and relevant commentary around the investments, developments, and current market scenario.
- Trends in E-Commerce Industry - Enhanced internet connectivity and boom in smartphone penetration, coupled with increasing disposable incomes, has led to a phenomenal growth in the e-commerce market globally. Online shoppers require fast and efficient delivery of their orders leading to an increase in the demand for logistics services especially e-commerce fulfilment services. Hence, the Gross Merchandise Value (GMV), historial and projected growth, breakup of major commodity groups in e-commerce industry for the studied geography (country or region as per scope of the report) have been analysed and presented in this industry trend.
- Trends in Manufacturing Industry - Manufacturing industry involves the transformation of raw materials into finished products, while logistics industry ensures the efficient flow of raw materials to the factory, and the transport of manufactured products to the distributors & consumers. Demand-Supply of both industries are highly cross-linked and critical for a seamless supply chain. Hence, the Gross Value Added (GVA), breakup of GVA into major manufacturing sectors, and growth of manufacturing industry over the review period have been analysed and presented, in this industry trend.
- Trucking Fleet Size By Type - Market share of truck types is influenced by factors like geographical preferences, major end user industries, truck prices, local production, truck repair & maintenance service peneteration, customer support, technological disruptions (like electric vehicles, digitalization, autonomous trucks) etc. Hence, the distribution (share % for base year of study) of truck parc volume by type of truck, market disruptors, truck manufacturing investments, truck specifications, truck use & import regulations, and market anticipation over the forecast period have been presented in this industry trend.
- Trucking Operational Costs - The prime reasons for measuring/ benchmarking logistics performance of any trucking company are to reduce operational costs and increase profitability. On the other hand, measuring operational costs helps to identify whether and where to make operational changes to control expenses and identify areas for improved performance. Hence, in this industry trend, trucking operational costs and the variables involved viz. driver wages & benefits, fuel prices, repairs & maintenance costs, tyre costs etc. have been studied over the base year of study, and presented for the geography studied (country or region as per the scope of report).
- Wholesale and Retail Trade - This end user industry segment captures the external (outsourced) logistics expenditure incurred by the wholesalers and retailers, on road freight transport service. The end user players considered are the establishments primarily engaged in wholesaling or retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Logistics Service Providers (LSPs) plays a crucial role in the reliable movement of supplies to and finished products from production houses to the distributors and finally to the end customer covering activites like material sourcing, transportation, order fulfillment, warehousing & storage, demand forecasting, inventory management etc.
Keyword | Definition |
---|---|
Cabotage | Road transport by a motor vehicle registered in a country performed on the national territory of another country. |
Cross Docking | Cross docking is a logistics procedure where products from a supplier or manufacturing plant are distributed directly to a customer or retail chain with marginal to no handling or storage time. Cross docking takes place in a distribution docking terminal; usually consisting of trucks and dock doors on two (inbound and outbound) sides with minimal storage space. The name ‘cross docking’ explains the process of receiving products through an inbound dock and then transferring them across the dock to the outbound transportation dock. |
Cross Trade | International road transport between two different countries performed by a road motor vehicle registered in a third country. A third country is a country other than the country of loading/embarkation and than the country of unloading/disembarkation. |
Dangerous Goods | The classes of dangerous goods carried by Road are those defined by the fifteenth revised edition of the UN Recommendations on the Transport of Dangerous Goods, United Nations, Geneva 2007. They include Class 1: Explosives; Class 2: Gases; Class 3: Flammable Liquids; Class 4: Flammable solids- substances liable to spontaneous combustion; substances which, on contact with water, emit flammable gases; Class 5: Oxidizing substances and organic peroxides; Class 6: Toxic and infectious substances; Class 7: Radioactive material and Class 8: Corrosive substances, Class 9: Miscellaneous dangerous substances and articles. |
Direct Shipment | Direct shipment is a method of delivering goods from the supplier or the product owner to the customer directly. In most cases, the customer orders the goods from the product owner. This delivery scheme reduces transportation and storage costs, but requires additional planning and administration. |
Drayage | A drayage is a form of trucking service that connects the different modes of shipping (intermodal), such as ocean freight or air freight. It’s a short-haul trip that transports goods from one place to another, usually before or after its long-haul shipping process. Drayage trucks move cargo to and from various destinations, such as container ships, storage lots, order fulfillment warehouses, and rail yards. Typically, drayage only transports goods in short distances and operates only in one metropolitan area. It also requires only one trucker in a single shift. But despite this, but it plays an important role in long-haul shipping because it gets the goods to the cargo and vice versa. It makes intermodal transport much more efficient and enables the seamless transfer of goods to the end customer. |
Dry van | A dry van is a type of semi-trailer that's fully enclosed to protect shipments from outside elements. Designed to carry palletized, boxed or loose freight, dry vans aren't temperature-controlled (unlike refrigerated “reefer” units) and can't carry oversized shipments (unlike flatbed trailers). |
Final Demand | Final demand includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. includes all types of commodities (goods as well as services) consumed as final use and might include personal consumption, or consumption by government, by businesses as capital investment, and as exports. |
Flatbed Truck | A flatbed truck is a type of truck with rigid design. It has a back body that is flatly shaped for easy loading and unloading of goods. The flatbed truck is mostly used to transport heavy, oversized, wide and indelicate goods such as machinery, building supplies or equipment. Due to the truck open body, the goods transported with it must not be vulnerable to rain. By functionality, the flatbed truck is comparable to a flatbed trailer. |
Inbound Logistics | Inbound logistics is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. Inbound logistics focuses on the supply part of the supply-demand equation. |
Intermediate Demand | Intermediate demand includes goods, services, and maintenance and repair construction sold to businesses, excluding capital investment. |
International Loaded | Place of loading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of unloading in a different country. |
International Unloaded | Place of unloading of goods in reporting country (i.e., country in which the vehicle performing the transport is registered) and place of loading in a different country. |
OOG cargo | Out of Gauge (OOG) cargo is any cargo that can not be loaded into six-sided shipping containers simply because it is too large. The term is a very loose classification of all cargo with dimensions beyond the maximum 40HC container dimensions. That is a length beyond 12.05 meters – a width beyond 2.33 meters – or a height beyond 2.59 meters. |
Pallets | Raised platform, intended to facilitate the lifting and stacking of goods. |
Part load | A part load describes goods which only fills a truck partially. In essence, the quantity of the shipment is bigger than the Less Than Truckload (LTL) shipment. Also, the shipment cannot fully occupy a truck i.e. its capacity is much lower than a Full Truckload (FTL) shipment. |
Paved Road | Road surfaced with crushed stone (macadam) with hydrocarbon binder or bituminized agents, with concrete or with cobblestone. |
Reverse Logistics | Reverse logistics comprises of the sector of supply chains that process anything returning inwards through the supply chain or traveling ‘backward’ through the supply chain. |
Road Freight Transport Service | Hiring a trucking agency for transport of commodities (raw materials or manufactured goods including both solids and liquids) form the origin to a destination within the country (domestic) or cross-border (international) constitutes road freight transport market. The service might be Full-Truck-Load or Less than-Truck-Load, containerized or non-containerized, temperature controlled or non temperature controlled, short haul or long haul. |
Tautliner vehicle | Tautliner and curtainsider are used as generic names for curtain sided trucks/trailers. The curtains are permanently fixed to a runner at the top and detachable rails/poles at front and rear, allowing the curtains to be drawn open and forklifts used all along the sides for easy and efficient loading and unloading. When closed for travel, vertical load restraint straps are attached to a rope rail beneath the truck bed, connecting the truck bed and curtain along both sides. Winches at either end of the curtain tension it, hence the 'Tautliner' name. This stops the curtain from flapping or drumming in the wind and can also help retain light loads from slipping sideways. |
Transport for hire or reward | The carriage for remuneration of goods. |
Unpaved Road | Road with a stabilized base not surfaced with crushed stone, hydrocarbon binder or bituminized agents, concrete or cobblestone. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is considered to be a part of the pricing, and the average selling price (ASP) is varying throughout the forecast period for each country
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms