United States Automotive Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United States Automotive Logistics Market is segmented by service (transportation, warehousing, distribution, and inventory management, and other services) and type (finished vehicle, auto components, and other types). The market size and forecasts for The United States Automotive Logistics Market are provided in terms of value (USD Billion) for all the above segments.

U.S. Automotive Logistics Market Size

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United States Automotive Logistics Market Summary
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Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 58.90 Billion
Market Size (2029) USD 77.28 Billion
CAGR (2024 - 2029) 5.58 %
Market Concentration Low

Major Players

United States Automotive Logistics Market Major Players

*Disclaimer: Major Players sorted in no particular order

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U.S. Automotive Logistics Market Analysis

The United States Automotive Logistics Market size is estimated at USD 58.90 billion in 2024, and is expected to reach USD 77.28 billion by 2029, growing at a CAGR of 5.58% during the forecast period (2024-2029).

The US automotive market is driven by the electric vehicle sector, and light vehicles dominate the US market.

The automotive industry in the United States experienced a sharp decline in demand because of the COVID-19 outbreak last year in March 2020. This impacted the entire automotive supply chain logistics industry. The US vehicle sales were down by 38% year-on-year.

After the lockdown restrictions were lifted and the market was opened, the light vehicle segment sector bounced back to reach some 13.84 million units of sales in the current year. Light vehicles alone accounted for about 97% of the motor vehicles that were sold in the United States. Post-pandemic and with the market bouncing back, the United States automotive logistics industry is anticipated to see huge growth in both imports and exports.

The United States is the world's second-biggest auto market and automotive industry, the first being China. This sector plays an important role in US imports and exports. The country is the second-largest automaker in the world, manufacturing more than 1.5 million cars and 7.6 million commercial vehicles. The United States is one of the most promising and fastest-growing automobile markets in the region. The United States automobile industry is supported by multiple factors such as R&D efforts, labor availability, government support, and geographic advantages.

U.S. Automotive Logistics Market Trends

Electric Vehicle Sector growing in the United States

According to an industry association, approximately 5.7% of US car sales were fully electric in 2022, up from 3.2% in 2021. The battery electric vehicle sales in the region made up just over eight percent of the total plug-in electric vehicle sales worldwide. Tesla continues to dominate the US EV market, with an estimated 302,000 electric vehicles sold in the United States. However, competition is beginning to gain momentum, and manufacturers such as General Motors are continuing to add new EV models into their range of vehicles offered. Chevrolet’s Bolt made it into the list of best-selling electric vehicle models. The model recorded its second-largest sales volume that year, just under its sales—the year the model launched. General Motors intends to sell only zero-emission vehicles by 2035 and was already one of the global plug-in EV market leaders.

While Tesla dominated the plug-in electric vehicle market in the region, it was also followed closely by the Volkswagen Group, whose worldwide electric vehicle sales soared that same year. Overall, manufacturers were looking to increase their research and development expenditure, with electric mobility at the forefront of their investments. This was in part motivated by the US Government’s commitment to zero-emission for half of all vehicle sales by 2030.

United States Automotive Logistics Market : Battery electric vehicle sales, In units, The Americas, 2019-2022

Light Vehicles dominating the US Market

In 2022, the auto industry in the United States sold approximately 13.84 million light vehicle units. This figure includes retail sales of about 2.9 million autos and just under 10.9 million light truck units. Light-duty vehicles dominate the US market because they are popular for their utility and better fuel economy, which makes them an economical choice for consumers. With the increase in demand for light commercial vehicles, growth in short-sea volumes between Mexico and the US is being observed, which is forecasted to grow the automotive logistics sector with the signing of the US-Mexico-Canada Agreement (USMCA). According to an industry association, when asked about light vehicle satisfaction, consumers in the United States were most satisfied with Honda, Lexus, and BMW models. Lexus was among the most dependable brands based on the number of problems reported per 100 vehicles.

United States Automotive Logistics Market : Light vehicle Retail sales, In thousand units, Unites States, 2019-2022

U.S. Automotive Logistics Industry Overview

The US automotive logistics market is highly fragmented and competitive, with the presence of big international and domestic firms in the country. International players like Expeditors International of Washington Inc., DHL, GEFCO, and Nippon Express compete with local giants like CFR Rinkens, Ryder System Inc., and Penske Logistics. The market is expected to grow because of the growing demand for electric vehicles at the domestic and international levels, an increase in the demand for lightweight vehicles, and other factors influencing the market.

U.S. Automotive Logistics Market Leaders

  1. Expeditors International of Washington Inc

  2. CFR Rinkens 

  3. Ryder System Inc

  4. Penske Logistics

  5. GEFCO

*Disclaimer: Major Players sorted in no particular order

United States Automotive Logistics Market Concentration
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U.S. Automotive Logistics Market News

Sept 2023: Ryder Systems Inc. announced the deployment of its first BrightDrop Zevo 600 electric vans at four strategic Ryder facilities in California, Texas, and New York. Ryder announced plans to introduce 4,000 BrightDrop electric vans to its fleet through 2025, with the first 200 ordered in 2023.

Jun 2023: Penske Logistics is expanding its business in the United States by opening two new offices in the United States in Chicago and Edison, New Jersey. With the expansion of these two offices, the company aims to expand its freight brokerage business in the country.

United States Automotive Logistics Market Report - Table of Contents

  1. 1. INTRODUCTION

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Dynamics

      1. 4.2.1 Drivers

        1. 4.2.1.1 Growth of E-commerce and Online Sales

        2. 4.2.1.2 Demand from Light Vehicle Production

      2. 4.2.2 Restraints

        1. 4.2.2.1 Fluctuating fuel prices

        2. 4.2.2.2 Shortage of skilled workforce

      3. 4.2.3 Opportunities

        1. 4.2.3.1 Additive Manufacturing

        2. 4.2.3.2 Rising demand for Connected and Autonomous vehicles

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Government Regulations and Initiatives

    5. 4.5 Impact of COVID-19 on the market

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Finished Vehicle

      2. 5.1.2 Auto Component

      3. 5.1.3 Other Types

    2. 5.2 By Service

      1. 5.2.1 Transportation

      2. 5.2.2 Warehousing

      3. 5.2.3 Distribution and Inventory Management

      4. 5.2.4 Other Services

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Overview (Market Concentration Analysis and Major Player)

    2. 6.2 Company Profiles

      1. 6.2.1 Expeditors International of Washington Inc.

      2. 6.2.2 CFR Rinkens

      3. 6.2.3 Ryder System Inc.

      4. 6.2.4 GEFCO

      5. 6.2.5 Penske Logistics

      6. 6.2.6 US Auto Logistics

      7. 6.2.7 DHL

      8. 6.2.8 Nippon Express

      9. 6.2.9 J.B. Hunt Transport Services Inc.

      10. 6.2.10 C.H Robinson Worldwide*

    3. *List Not Exhaustive
  7. 7. FUTURE OF THE MARKET

  8. 8. APPENDIX

    1. 8.1 Macroeconomic Indicators (GDP Distribution by Activity, Transport and Storage Sector-contribution to Economy, etc.)

    2. 8.2 Trade Statistics: Imports and Exports

    3. 8.3 External Trade Statistics related to the Automotive Sector

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U.S. Automotive Logistics Industry Segmentation

The US Automotive Logistics market covers different segments in the entire supply chain- Transportation, Warehousing, Distribution, Inventory Management, and Other Services. The automotive logistics industry in the United States also covers the electric vehicles and batteries sector. The report also covers the impact of COVID-19 on the market. The US Automotive Logistics Market is segmented by Service (Transportation, Warehousing, Distribution, Inventory Management, and Other Services) and Type (Finished Vehicle, Auto Components, and Other Types). The report offers market size and forecasts for the US Automotive Logistics Market in value (USD) for all the above segments.

By Type
Finished Vehicle
Auto Component
Other Types
By Service
Transportation
Warehousing
Distribution and Inventory Management
Other Services
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United States Automotive Logistics Market Research Faqs

The United States Automotive Logistics Market size is expected to reach USD 58.90 billion in 2024 and grow at a CAGR of 5.58% to reach USD 77.28 billion by 2029.

In 2024, the United States Automotive Logistics Market size is expected to reach USD 58.90 billion.

Expeditors International of Washington Inc, CFR Rinkens , Ryder System Inc, Penske Logistics and GEFCO are the major companies operating in the United States Automotive Logistics Market.

In 2023, the United States Automotive Logistics Market size was estimated at USD 55.79 billion. The report covers the United States Automotive Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United States Automotive Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

United States Automotive Logistics Industry Report

Statistics for the 2024 United States Automotive Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Automotive Logistics analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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United States Automotive Logistics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)