United States Short Haul Road Freight Transport Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

The United States Short Haul Road Freight Transport Market is segmented by End User ( Agriculture, Fishing And Forestry, Construction, Manufacturing, Oil And Gas, Mining And Quarrying, Wholesale And Retail Trade, Others ) and by Destination ( Domestic, International )

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US Short Haul Road Freight Transport Market Size

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https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2016 - 2028
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User: Wholesale and Retail Trade
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User: Oil and Gas, Mining and Quarrying
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 4.41 %

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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US Short Haul Road Freight Transport Market Analysis

The United States Short Haul Road Freight Transport Market is projected to register a CAGR of 4.41%

  • Largest Segment by Destination - Domestic : In the United States, domestic trucking segment is dominant within the destination segment as short-haul road freight transport has been gaining momentum attributable to the e-commerce industry due to changes in consumer behaviors since the COVID-19 pandemic hit the country.
  • Largest Segment by End User - Wholesale and Retail Trade : The wholesale and retail trade segment garnered the largest share in the United States short-haul road freight transport market as it registered a major production boost with their contribution to GDP in the previous few years.
  • Fastest Growing Segment by End User - Oil and Gas, Mining and Quarrying : The fastest-growing end-user segment in the United States is oil, gas, mining, and quarrying, supported by increased production in the oil and gas sector as the demand growth has been surpassing the supply growth.
  • Fastest Growing Segment by Destination - Domestic : The domestic trucking segment is the fastest growing segment attributable to the e-commerce sales over the past two years as furniture, building materials, and electronics cumulatively grew more than 200% since 2019 within the U.S.

US Short Haul 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. Domestic, International are covered as segments by Destination.
End User
Agriculture, Fishing And Forestry
Construction
Manufacturing
Oil And Gas, Mining And Quarrying
Wholesale And Retail Trade
Others
Destination
Domestic
International

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US Short Haul Road Freight Transport Market Trends

This section covers the major market trends shaping the US Short Haul Road Freight Transport Market according to our research experts:

Wholesale and Retail Trade is the largest segment by End User.

  • In 2019, the end-user segment of the short-haul road freight transport market experienced a decline of 1.68% YoY in value. The oil and gas, mining, and quarrying segment of the short-haul road freight transport market experienced the highest decline of 12.91% YoY in value in 2019 due to privately held enterprises idling their drilling rigs in the United States, followed by the manufacturing segment of the short-haul road freight transport market with a decline of 2.47% due to decrease in the manufacturing output owing to weaker global demand.
  • However, despite the impact of COVID-19, the end-user segment of the short-haul road freight transport witnessed a growth of 0.25% YoY in value in 2020. The agriculture, fishing, and forestry segment of the short-haul road freight transport market experienced the highest growth of 1.71% YoY in value, followed by the construction segment with a growth of 1.28% YoY in value. The growth in the agriculture, fishing, and forestry segment was due to increased demand for agricultural products globally, which resulted in increased production and exports of the goods. Whereas the manufacturing segment grew due to an increase in the value of residential construction by 4% in 2020.
  • During the forecast period, the end-user segment of the short-haul road freight transport market estimated to register a CAGR of 4.41%, with the oil and gas, mining, and quarrying segment is estimated to register the highest CAGR of 8.38%, followed by the agriculture, fishing and forestry segment with a CAGR of over 5%. The oil and gas, mining, and quarrying segment is expected to grow as the US crude oil production is forecast to exceed pre-pandemic levels in 2023 due to a jump in shale output.
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US Short Haul Road Freight Transport Industry Overview

The United States Short Haul Road Freight Transport Market is fragmented, with the top five companies occupying 26.70%. The major players in this market are FedEx, Ryder System, Schneider, United Parcel Service (UPS) and XPO Logistics Inc. (sorted alphabetically).

US Short Haul Road Freight Transport Market Leaders

  1. FedEx

  2. Ryder System

  3. Schneider

  4. United Parcel Service (UPS)

  5. XPO Logistics Inc.

*Disclaimer: Major Players sorted in no particular order

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US Short Haul Road Freight Transport Market News

  • May 2022: In September 2021, Fedex had collaborated with Aurora and Paccar to test autonomous linehaul technology. Following up on this collaboration, in May 2022, Aurora expanded autonomous freight pilot with FedEx in Texas.
  • May 2022: Landstar System provides Landstar Clarity™, a new freight-tracking exception-management tool. With this tool, location data from trucks can be updated every 15 minutes and it also has many more features for problem-solving along the supply chain.
  • April 2022: XPO Logistics has opened two new Less-Than-Truckload (LTL) terminals and expanded its Less-Than-Truckload (LTL) capacity in Southern California and Atlanta metro area.

US Short Haul Road Freight Transport Market Report - Table of Contents

  1. 1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. 2. REPORT OFFERS

  3. 3. INTRODUCTION

    1. 3.1. Study Assumptions & Market Definition

    2. 3.2. Scope of the Study​

    3. 3.3. Research Methodology

  4. 4. KEY INDUSTRY TRENDS

    1. 4.1. GDP Distribution By Economic Activity

    2. 4.2. GDP Growth By Economic Activity

    3. 4.3. Wholesale Price Inflation

    4. 4.4. Economic Performance And Profile

    5. 4.5. Transport And Storage Sector GDP

    6. 4.6. Logistics Performance

    7. 4.7. Modal Share Of Freight Transport Sector

    8. 4.8. Length Of Roads

    9. 4.9. Export Trends

    10. 4.10. Import Trends

    11. 4.11. Fuel Pricing Trends

    12. 4.12. Trucking Operational Costs

    13. 4.13. Trucking Fleet Size By Type

    14. 4.14. Major Truck Suppliers

    15. 4.15. Road Freight Tonnage Trends

    16. 4.16. Road Freight Pricing Trends

    17. 4.17. Regulatory Framework

    18. 4.18. Value Chain & Distribution Channel Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1. End User

      1. 5.1.1. Agriculture, Fishing And Forestry

      2. 5.1.2. Construction

      3. 5.1.3. Manufacturing

      4. 5.1.4. Oil And Gas, Mining And Quarrying

      5. 5.1.5. Wholesale And Retail Trade

      6. 5.1.6. Others

    2. 5.2. Destination

      1. 5.2.1. Domestic

      2. 5.2.2. International

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1. Key Strategic Moves

    2. 6.2. Market Share Analysis

    3. 6.3. Company Landscape

    4. 6.4. Company Profiles

      1. 6.4.1. Ceva Logistics

      2. 6.4.2. Deutsche Post DHL Group

      3. 6.4.3. FedEx

      4. 6.4.4. Knight-Swift Transportation

      5. 6.4.5. Landstar System Inc.

      6. 6.4.6. PS Logistics

      7. 6.4.7. Ryder System

      8. 6.4.8. Schneider

      9. 6.4.9. United Parcel Service (UPS)

      10. 6.4.10. XPO Logistics Inc.

  7. 7. KEY STRATEGIC QUESTIONS FOR ROAD FREIGHT CEOS

  8. 8. APPENDIX

    1. 8.1. Global Logistics Market Overview

      1. 8.1.1. Overview

      2. 8.1.2. Porter’s Five Forces Framework

      3. 8.1.3. Global Value Chain Analysis

      4. 8.1.4. Market Dynamics (Market Drivers, Restraints & Opportunities)

    2. 8.2. Sources & References

    3. 8.3. List of Tables & Figures

    4. 8.4. Primary Insights

    5. 8.5. Data Pack

    6. 8.6. Glossary of Terms

    7. 8.7. Currency Exchange Rate

List of Tables & Figures

    Figure 1:  

    DISTRIBUTION OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, UNITED STATES, SHARE %, 2021

    Figure 2:  

    GROWTH OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, UNITED STATES, CAGR %, 2016 – 2021

    Figure 3:  

    WHOLESALE PRICE INFLATION RATE, UNITED STATES, PERCENTAGE (%), 2016 – 2021

    Figure 4:  

    TRENDS IN E-COMMERCE INDUSTRY, UNITED STATES, VALUE, USD, 2016 – 2021

    Figure 5:  

    TRENDS IN E-COMMERCE INDUSTRY BY SECTOR, UNITED STATES, SHARE %, 2021

    Figure 6:  

    TRENDS IN MANUFACTURING INDUSTRY, UNITED STATES, VALUE, USD, 2016 – 2021

    Figure 7:  

    TRENDS IN MANUFACTURING INDUSTRY BY SECTOR, UNITED STATES, SHARE %, 2021

    Figure 8:  

    TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, UNITED STATES, VALUE, USD, 2016 – 2021

    Figure 9:  

    TRANSPORT AND STORAGE SECTOR GROSS DOMESTIC PRODUCT, UNITED STATES, SHARE %, 2016 – 2021

    Figure 10:  

    LOGISTICS PERFORMANCE, UNITED STATES, RANK, 2010 – 2018

    Figure 11:  

    MODAL SHARE OF FREIGHT TRANSPORT SECTOR, UNITED STATES, SHARE %, BY VOLUME (TONS), SHARE%, 2021

    Figure 12:  

    LENGTH OF ROADS BY TYPE OF SURFACE, UNITED STATES, SHARE %, 2021

    Figure 13:  

    LENGTH OF ROADS BY TYPE OF ROAD, UNITED STATES, SHARE %, 2021

    Figure 14:  

    VALUE OF EXPORTS, UNITED STATES, USD, 2016-2021

    Figure 15:  

    VALUE OF IMPORTS, UNITED STATES, USD, 2016-2021

    Figure 16:  

    FUEL PRICE BY TYPE OF FUEL, UNITED STATES, USD PER LITRE, 2016-2021

    Figure 17:  

    TRUCKING OPERATIONAL COSTS, UNITED STATES, SHARE %, 2021

    Figure 18:  

    TRUCKING FLEET SIZE BY TYPE, UNITED STATES, SHARE %, 2021

    Figure 19:  

    MAJOR TRUCK SUPPLIER BRANDS, UNITED STATES, SHARE %, 2021

    Figure 20:  

    ROAD FREIGHT TRANSPORT LOAD PICKED, UNITED STATES, TONS, 2016-2028

    Figure 21:  

    ROAD FREIGHT TRANSPORT RATES, UNITED STATES, USD/TON-KM, 2016-2021

    Figure 22:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, VOLUME, TON-KM, 2016 - 2028

    Figure 23:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, VALUE, USD, 2016 - 2028

    Figure 24:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, BY END USER, VOLUME, TON-KM, 2016 - 2028

    Figure 25:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, BY END USER, VALUE, USD, 2016 - 2028

    Figure 26:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY END USER, 2016 - 2028

    Figure 27:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VOLUME, TON-KM, 2016 - 2028

    Figure 28:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, AGRICULTURE, FISHING AND FORESTRY, VALUE, USD, 2016 - 2028

    Figure 29:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VOLUME, TON-KM, 2016 - 2028

    Figure 30:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, CONSTRUCTION, VALUE, USD, 2016 - 2028

    Figure 31:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VOLUME, TON-KM, 2016 - 2028

    Figure 32:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, MANUFACTURING, VALUE, USD, 2016 - 2028

    Figure 33:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VOLUME, TON-KM, 2016 - 2028

    Figure 34:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, OIL AND GAS, MINING AND QUARRYING, VALUE, USD, 2016 - 2028

    Figure 35:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VOLUME, TON-KM, 2016 - 2028

    Figure 36:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, WHOLESALE AND RETAIL TRADE, VALUE, USD, 2016 - 2028

    Figure 37:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, OTHERS, VOLUME, TON-KM, 2016 - 2028

    Figure 38:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, OTHERS, VALUE, USD, 2016 - 2028

    Figure 39:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, BY DESTINATION, VOLUME, TON-KM, 2016 - 2028

    Figure 40:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, BY DESTINATION, VALUE, USD, 2016 - 2028

    Figure 41:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, SHARE(%), VALUE, BY DESTINATION, 2016 - 2028

    Figure 42:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, DOMESTIC, VOLUME, TON-KM, 2016 - 2028

    Figure 43:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, DOMESTIC, VALUE, USD, 2016 - 2028

    Figure 44:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, INTERNATIONAL, VOLUME, TON-KM, 2016 - 2028

    Figure 45:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, INTERNATIONAL, VALUE, USD, 2016 - 2028

    Figure 46:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 47:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 48:  

    UNITED STATES SHORT HAUL ROAD FREIGHT TRANSPORT MARKET SHARE(%), BY MAJOR PLAYERS, 2021

Market Definition

  • CABOTAGE - Road transport by a motor vehicle registered in a country performed on the national territory of another country.
  • CONTAINERIZATION - Road freight transport in the form of containerized as well as non-containerized road freight transport is considered in the study.
  • CONTAINERIZED CARGO - Containerized cargo means general goods, commodities or wares that are shipped in non-dContainerized cargo means general goods, commodities or wares that are shipped in non-disposable, reusable, commercial sized shipping containersisposable, reusable, commercial sized shipping containers
  • 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.
  • DISTANCE TYPES -
  • DOMESTIC ROAD FREIGHT TRANSPORT - Domestic Road Freight Transportation includes all the freight activity within the country comprising both inter-state and intra state fright flows
  • END USER - Road Freight Transport market is analyzed based on the major end users viz. Oil & Gas, Mining & Quarrying, Construction, Manufacturing,Wholesale & Retail Trade, Agriculture, Fishing & Forestry among other end users
  • FULL TRUCKLOAD - Full Truckload shipping is the movement of large amounts of homogeneous cargo, generally the amount necessary to fill an entire semi-trailer or intermodal container. A Full truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer.
  • INTERNATIONAL ROAD FREIGHT TRANSPORT - International road freight transport refers to the cross-border transportation or flow of freight across international borders.
  • LESS THAN TRUCKLOAD - LTL refers to “Less-than-Truck Load”, a mode of freight transport that offers flexible options when the amount of cargo needing to be moved does not fill a full truck load (FTL) but is too large or heavy for parcel shipping.
  • LIQUID GOODS - Liquid Goods include all goods which are liquid in nature (crude petroleum, oil, gasoline, liquid fertilizers, alcoholic and non-alcoholic beverages to name a few)
  • LONG HAUL ROAD FREIGHT TRANSPORT - Long-distance trucking (Long Haul) establishments carry goods between metropolitan areas or cross border. (greater than or equal to 100 miles)
  • NON- CONTAINERIZED CARGO - Non-Containerised Cargo refers to goods shipped in pieces separately without the use of a container. These goods are shipped in crates, bags, boxes, drums, barrels and they are extremely large in sizes/dimensions.
  • PRODUCT TYPES - Both solid and liquid goods are considered in terms of the type of products transported, in the study.
  • ROAD FREIGHT TRANSPORT - 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 ROAD FREIGHT TRANSPORT - Local trucking (Short Haul) establishments primarily carry goods within a single metropolitan area and its adjacent nonurban areas. (upto 99 miles)
  • SOLID GOODS - Solid Goods include all goods which are solid in nature (coal, building stone, gravel, motorized vehicles, electronics, machinery to name a few)
  • TEMPERATURE CONTROL - Temperature controlled as well as non-temperature-controlled transport of freight through road, is considered in the scope of the study
  • TRUCKLOAD SPECIFICATION - For the purpose of this study, both less-than truckload and full-truckload road freight markets are taken into consideration.

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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 not a part of the pricing, and the average selling price (ASP) is kept constant 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

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US Short Haul Road Freight Transport Market Research FAQs

The United States Short Haul Road Freight Transport Market is studied from 2016 - 2028.

The United States Short Haul Road Freight Transport Market is growing at a CAGR of 4.41% over the next 5 years.

Wholesale and Retail Trade is growing at the highest CAGR over 2016 - 2028.

Oil and Gas, Mining and Quarrying holds highest share in 2021.

FedEx, Ryder System, Schneider, United Parcel Service (UPS), XPO Logistics Inc. are the major companies operating in United States Short Haul Road Freight Transport Market.

United States Short Haul Road Freight Transport Industry Report

Statistics for the 2023 United States Short Haul Road Freight Transport market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Short Haul Road Freight Transport analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.