United States Freight and Logistics Market Size

Statistics for the 2023 & 2024 United States Freight and Logistics market size, created by Mordor Intelligence™ Industry Reports. United States Freight and Logistics size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of united states freight and logistics Industry

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United States Freight and Logistics Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2030
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 1.33 Trillion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2030) USD 1.67 Trillion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Logistics Function Freight Transport
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2030) 3.90 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Logistics Function Courier, Express, and Parcel (CEP)

Major Players


*Disclaimer: Major Players sorted in no particular order

Key Players



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United States Freight and Logistics Market Analysis

The United States Freight and Logistics Market size is estimated at 1.33 trillion USD in 2024, and is expected to reach 1.67 trillion USD by 2030, growing at a CAGR of 3.90% during the forecast period (2024-2030).

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1.33 Trillion

Market Size in 2024 (USD)

1.67 Trillion

Market Size in 2030 (USD)

3.02 %

CAGR (2017-2023)

3.90 %

CAGR (2024-2030)

Fastest Growing Market by Mode of Transport

4.40 %

Projected CAGR, Air, 2024-2030

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In February 2023, the United States government announced an additional USD 1 billion in airport funding, benefiting 99 airports across the nation.

Largest CEP Market by Destination

76.49 %

value share, Domestic, 2023

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The domestic segment is witnessing growth owing to rising e-commerce trade in the country. In 2023, the e-commerce industry grew by over 14% YoY reaching USD 925 billion.

Largest Market by End User Industry

30.60 %

value share, Wholesale and Retail Trade, 2023

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The e-commerce users are expected to amount to 289.9 million users by 2027, from 264.5 million users in 2021 which is expected to drive the wholesale and retail trade segment.

Largest Warehousing Market by Temperature Control

92.38 %

value share, Non-Temperature Controlled, 2023

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The industry witnessed rise in demand due to growing e-commerce within retail landscape as e-commerce players, especially those without physical stores, heavily rely on third-party warehousing.

Fastest Growing Warehousing Market by Temperature Control

3.74 %

Projected CAGR, Temperature Controlled, 2024-2030

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The US has the largest capacity of refrigerated warehousing in the world, with 156 million cubic meters. The growth in the pharmaceutical sector is driving the demand.

The US Freight and Logistics Market is one of the most developed logistics markets globally, with advanced technological implementations in its fleet

  • In November 2023, the Port Infrastructure Development Program (PIDP), overseen by the US Department of Transportation's Maritime Administration (MARAD), allocated over USD 653 million to support 41 port enhancement initiatives nationwide. These projects, spanning coastal seaports, Great Lakes ports, and inland river ports, aim to bolster capacity and operational efficiency. Notably, waterborne transportation handles a substantial share of both domestic and international US trade, accounting for over 2.3 billion short tons.
  • Based on cargo tonnage in 2022, the top US cargo airports were Ted Stevens Anchorage International (11.55 million tons), Memphis International (11.39 million tons), Louisville Muhammad Ali International (8.02 million tons), Los Angeles International (6.77 million tons), and Miami International (5.16 million tons). In maritime trade, the Port of Los Angeles emerged as the largest US port in 2022, measured by TEUs (twenty-foot equivalent units) handled. The port processed nearly 6.8 million TEUs in 2021, up from around 6.5 million in 2019.
  • In 2022, the trucking industry employed approximately 3.54 million drivers, marking a 1.5% rise from 2021. Furthermore, the broader trucking-related job market had around 8.4 million individuals employed in 2022. Highlighting the government's commitment to infrastructure, the Bipartisan Infrastructure Law (BIL), enacted in 2021, allocated USD 350 billion for highway programs, covering activities through September 30, 2026. BIL, spanning FY 2022 to 2026, earmarks USD 550 billion for federal investments in various infrastructure domains, encompassing roads, bridges, mass transit, water systems, resilience, and broadband.
United States Freight and Logistics Market

United States Freight and Logistics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030