United States Tank Trucking Market Size and Share
United States Tank Trucking Market Analysis by Mordor Intelligence
The United States Tank Trucking Market size is estimated at USD 53.45 billion in 2025, and is expected to reach USD 64.07 billion by 2030, at a CAGR of 3.69% during the forecast period (2025-2030).
The sustained expansion reflects the market’s capacity to adapt to shifting energy mixes, stricter safety rules, and volatile input costs. Rising movements of renewable diesel, specialty chemicals, and temperature-controlled food ingredients are expanding the freight base, while digital dispatch tools and lighter tank specifications are pushing asset productivity higher. In parallel, driver shortages, hazmat compliance penalties, and disruptive pilot programs for autonomous trucks are pressuring operating economics and forcing carriers to re-evaluate route design, fleet mix, and capital plans. Despite these challenges, the United States tank trucking market continues to attract private equity capital, with acquisitions aimed at scaling compliance infrastructure and expanding access to niche, higher-margin cargoes.
Key Report Takeaways
- By product category, petroleum products led with a 47.0% United States tank trucking market share in 2024, while food and beverages posted the fastest 4.30% CAGR through 2030.
- By capacity, heavy-duty equipment controlled 52.2% of the United States tank trucking market size in 2024; light-duty trucks recorded the strongest 3.80% CAGR to 2030.
- By destination, domestic hauls accounted for 87.5% of 2024 revenue, whereas international moves are advancing at a 4.10% CAGR through 2030.
- By distance, short-haul routes retained a 61.5% share in 2024, yet long-haul traffic is expanding at a 4.22% CAGR thanks to cross-regional chemical flows.
- By application, industrial users held a 41.2% share during 2024, as commercial consignments are expected to expand at a 3.97% CAGR on the back of food-service growth.
United States Tank Trucking Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising demand for oil & refined products | +0.8% | Gulf Coast, Texas, Louisiana, California | Medium term (2-4 years) |
| Expansion of U.S. chemical production | +0.6% | Gulf Coast, Midwest industrial corridors | Long term (≥ 4 years) |
| Growth in food-grade bulk/liquid shipping | +0.5% | National, agriculture hubs | Medium term (2-4 years) |
| LNG refueling corridor build-out | +0.3% | Interstate corridors, Texas–California | Long term (≥ 4 years) |
| Adoption of heavier-payload DOT-412 spec tanks | +0.4% | National, long-haul routes | Short term (≤ 2 years) |
| Renewable diesel & biofuel expansion | +0.7% | West Coast, Gulf Coast, Midwest | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Demand for Oil & Refined Products
Biofuel manufacturing momentum is redrawing petroleum logistics corridors as plants require dependable first-mile feedstock deliveries and last-mile finished fuel distribution. United States biofuel output is projected to reach 1.3 million barrels of oil equivalent per day by 2035, a trend that directly increases specialized tank requirements[1]Rystad Energy, “Booming Biofuels: US Diesel & Sustainable Aviation Fuel,” rystadenergy.com. Gulf Coast refiners and West Coast renewable diesel producers rely on tanks certified for elevated flash-point fuels, driving fleet upgrades that cut tare weight and speed turnarounds. California’s updated Low-Carbon Fuel Standard compels carriers to handle a widening slate of low-carbon fuels through 2046, reinforcing demand for insulated, dedicated equipment. Higher-value specialty products pay premiums that offset longer haul distances, securing revenues even as total diesel consumption gradually declines nationwide.
Expansion of U.S. Chemical Production
After the brief 2024 contraction, chemical output is set to advance 1.9% by the end of 2025 as improved industrial demand and a favorable ethane feedstock gap lift utilization rates[2]American Chemistry Council, “Chemical Production Steady Amid Weak Recovery,” Americanchemistry.com. Ethylene, propylene, and specialty battery materials moving from Gulf Coast and Midwest plants spur origin-destination realignment that favors tank trucks over rail for just-in-time export container stuffing. Petrochemical producers lean on dedicated carriers to minimize contamination risks and capture higher export premiums at coastal terminals. Investments in semiconductor-grade chemical plants further diversify the freight mix, creating steady contract carriage volumes that smooth seasonal refinery swings.
Growth in Food-Grade Bulk/Liquid Shipping
Beverage consolidation, plant-based protein trends, and dairy upgrade projects have accelerated the need for stainless-steel tanks equipped with wash-in-place systems. FDA and FSMA rules mandate strict cleaning and traceability, favoring carriers that operate single-commodity fleets and offer digital load documentation. Cold chain protocols require temperature sensors and insulated fittings, with carriers charging premiums that offset higher equipment and sanitization expenses. Processing-plant rationalization in the dairy belt extends average trip length, bolstering demand for larger multi-compartment tanks that cut stop counts.
LNG Refueling Corridor Build-Out
Long-haul fleets looking to shave per-mile fuel costs turn to LNG, prompting strategic station additions along freight corridors. Trillium’s purchase of 41 compressed-natural-gas locations took its network to 107 sites in 2024, widening coverage for both CNG and LNG truckers[3]Clean Energy Fuels Corp., “Trillium Acquires 41 CNG Stations from U.S. Energy,” Investor.cleanenergyfuels.com. Tank truck operators distribute bulk LNG to these stations and to temporary industrial work sites, generating recurrent loads that balance typical petrochemical backhauls. Federal corridor strategies allocate grant funding for dual-fuel infrastructure, anchoring the LNG demand outlook well beyond 2030.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Tightening HOS & hazmat compliance costs | -0.9% | National, hazmat corridors | Short term (≤ 2 years) |
| Fuel-price volatility | -0.4% | National, California & Northeast | Medium term (2-4 years) |
| Acute driver & technician shortages | -1.2% | National, Texas & California | Long term (≥ 4 years) |
| Rail tank-car capacity rebound | -0.6% | Gulf Coast–Midwest lanes | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Tightening HOS & Hazmat Compliance Costs
FMCSA civil penalties have surged, with hazmat violations now costing up to USD 102,348 per count[4]Federal Motor Carrier Safety Administration, “Penalty Schedule: Violations and Monetary Penalties,” ECFR.gov. PHMSA registration fees for small carriers rose 50%, while cargo-tank inspection failures can trigger USD 8,000 fines. Digital audits from electronic logging devices expose once-routine schedule adjustments, cutting utilization and requiring additional headcount to keep fleets legal. Smaller operators lacking compliance personnel are either exiting or selling, accelerating consolidation but trimming available capacity.
Acute Driver & Technician Shortages
Specialized endorsements for hazmat and food-grade work narrow the labor pool, and retirements outpace new entrant graduations. Tank upkeep requires technicians skilled in pressure-vessel welding and sanitary valve maintenance; such expertise is scarce. Carriers elevate wages, offer scheduled home time, and deploy automated loading arms to reduce physical strain, but turnover remains stubbornly high.
Segment Analysis
By Product Category: Petroleum Products Hold Leadership as Renewable Demand Rises
Petroleum products supplied 47.0% of 2024 revenue, underpinning the United States tank trucking market size with resilient refinery throughput and a growing renewable diesel blend pool. Renewable-fuel producers favor dedicated stainless or aluminum barrels to safeguard product integrity, reinforcing long-term contract demand. Food and beverages register the fastest 4.30% CAGR (2025-2030), supported by dairy modernization and beverage SKU proliferation that lengthen haul distances. Chemicals remain the second-largest revenue pillar, lifted by Gulf Coast expansion and Midwest fertilizer output. Fertilizer shipments peak around planting seasons yet drive pronounced spot-rate spikes that carriers exploit to balance regional flows.
Intensifying LCFS requirements steer investment toward renewable feedstock logistics, weighting future growth toward bio-derived liquids. The petroleum segment’s share may ease post-2027 as renewable volumes scale, yet absolute barrels shipped continue to rise, underscoring the enduring role of fuels logistics in the United States tank trucking market. Meanwhile, FDA food-safety mandates grant specialized carriers pricing power, securing margins amid climbing wash-bay costs. Together, these trends cement a diverse cargo base that tempers cyclical swings in any single commodity line.
Note: Segment shares of all individual segments available upon report purchase
By Capacity: Heavy-Duty Dominance Balanced by Light-Duty Momentum
Heavy trucks generated 52.2% of 2024 revenue, benefitting from larger load factors that spread fixed costs over more gallons per trip. DOT-412 retrofits further expand payload windows, reinforcing the heavy-duty fleet’s central role in long-haul petrochemical corridors. The light-duty bracket, though smaller, produces the strongest 3.80% CAGR (2025-2030) as urban zoning curbs large trailer access and e-commerce fuel stations demand shorter, more frequent replenishment cycles. Medium-duty assets fill hazmat niches where routing around weight-restricted bridges trumps load size.
Electrification pilots focus on the light-duty class because battery range suffices for daily metro loops, and weight savings offset cargo penalties. Conversely, hydrogen and LNG options appeal to heavy tractors seeking extended range without payload sacrifice. These technology splits assure all capacity classes retain defined growth paths, supporting equipment manufacturers as well as carriers.
By Destination: Domestic Core with International Upswing
Domestic hauls controlled 87.5% of 2024 turnover, reflecting established pipeline-terminal-truck circuits and stable regulations. Yet cross-border lanes are climbing at 4.10% CAGR (2025-2030), as USMCA trade liberalization stimulates petrochemical exports and nearshoring boosts intermediate goods flows. Export terminal drayage around Gulf and West Coast ports swells as producers capitalize on overseas demand, anchoring the international segment’s upswing within the United States tank trucking market.
Customs paperwork, surety bonds, and bilingual driver requirements deter new entrants, enabling seasoned carriers to preserve pricing power. Digital customs clearance platforms are shrinking border dwell times, improving asset turns, and making international work more attractive. Longer term, infrastructure harmonization could accelerate the international slice to double-digit share.
By Distance: Short-Haul Strength with Long-Haul Acceleration
Short-haul deliveries accounted for 61.5% of 2024 revenue as refineries, rail off-loading racks, and food processors cluster near consumption centers. Frequent turns boost utilization, offsetting lower revenue per mile and cushioning profitability. Long-haul legs, though smaller, post a 4.22% CAGR (2025-2030) on the back of renewable-fuel supply chains that span coastal demand centers and inland feedstock sources.
Autonomous truck pilots target point-to-point interstate lanes, promising to lift asset productivity and tackle driver scarcities on trips surpassing 400 miles. Persistent fuel-price differentials between regions continue to create arbitrage moves that sustain long-haul viability despite burgeoning rail competition.
By Application: Industrial Dominance Accompanied by Commercial Lift
Industrial shippers—refineries, chemical complexes, and manufacturing plants—generated 41.2% of 2024 receipts, underlining their foundational role in the United States tank trucking market. Refinery-linked shuttle moves and plant-to-terminal chemicals provide steady lanes that anchor fleet planning. Commercial volumes—fuel retailers, food-service chains, and beverage bottlers—grow at a 3.97% CAGR (2025-2030), buoyed by franchised convenience-store rollouts and restaurant rebound.
Industrial hazmat loads face the tightest compliance oversight, raising barriers but also erecting revenue moats for experienced carriers. Commercial clients prize on-time performance and sanitary certifications, creating opportunities for technology-enabled visibility solutions. Residential delivery remains niche, yet propane and heating-oil contracts furnish stable winter peaks that aid equipment utilization.
Geography Analysis
Regional diversity shapes operating economics across the United States tank trucking market. Gulf Coast hubs move the bulk of crude-derived and chemical volumes, leveraging integrated pipeline, storage, and export terminal networks that shorten first-mile legs and encourage multi-stop routing. Texas alone hosts dense clusters of refineries and petrochemical crackers, making it the logical staging ground for national and international long-haul deployments. The Midwest supports robust fertilizer and ag-chemical flows tied to crop cycles, sustaining seasonal revenue spikes and backward-haul opportunities that balance southern chemical lanes.
California presents unique compliance hurdles, from LCFS credit reporting to stringent equipment emissions rules that raise operating costs yet deliver premium freight rates. Its significant renewable-fuel demand and stringent food-grade requirements increase the share of insulated and stainless-steel tanks, attracting carriers willing to invest in specialized assets. The Northeast, while dealing with legacy infrastructure constraints and higher congestion, benefits from dense population centers that ensure continuous demand for refined products, industrial gases, and specialty food ingredients.
Competitive Landscape
Moderate fragmentation persists, yet consolidation momentum is unmistakable as large fleets exploit scale advantages in compliance and technology. Kenan Advantage Group expanded its footprint by acquiring MC Tank, Evergreen Transport, XBL, TransVac, and Florida Food Tankers. The company’s strategy centers on absorbing niche specialists to bolster regional density and commodity breadth. Private equity continues to channel capital into the sector, highlighted by Stonepeak’s April 2025 majority stake in Dupré Logistics that underlines external investors’ confidence in the United States tank trucking market’s earnings resilience.
Technology adoption differentiates high-performing fleets. CLI Transport’s partnership with Gravitate embeds AI in dispatch and inventory forecasting, lowering empty miles and tightening on-time metrics. Larger carriers invest in predictive maintenance platforms that leverage telematics, minimizing unscheduled downtime and enhancing safety ratings critical for hazmat bids. Autonomous truck pilots, though early-stage, signal additional disruption potential by promising to blunt driver shortages on long-haul corridors.
Niche operators defend turf through specialization. Food-grade carriers capitalize on stringent wash-bay and sanitary certifications, while chemical and LPG fleets leverage decades-long safety records to maintain shipper trust. Freight brokers and digital marketplaces attempt to penetrate the tank segment, yet liability concerns and equipment heterogeneity limit traction. Overall, competition rotates around compliance acumen, network density, and capital access rather than pure price.
United States Tank Trucking Industry Leaders
-
Kenan Advantage Group
-
Trimac Transportation
-
Groendyke Transport
-
Superior Bulk Logistics
-
Martin Transport
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: Stonepeak Infrastructure Partners acquired a majority stake in Dupré Logistics, strengthening private equity's presence in specialized liquid hauling.
- September 2024: Groendyke Transport bought Linden Bulk Transportation, expanding chemical coverage in the Midwest.
- April 2024: CLI Transport adopted Gravitate’s AI-driven dispatch optimization system, showcasing tech adoption among mid-sized fleets.
- January 2024: Kenan Advantage Group completed the takeover of Florida Food Tankers, enlarging its Southeast food-grade network.
United States Tank Trucking Market Report Scope
“Tank trucking" refers to the service used to transport liquids and gases, such as petroleum or oil, by road in tank trucks by tanker companies for industrial transportation. A tank truck is a special vehicle designed for moving goods, including vehicles, coal, oil, frozen food, iron ore, heavy machinery, gases, and other freight, that cannot be handled with regular box trailers. Owners of companies that provide long-distance, expert cargo transportation using trailers and trucks are included in the tank trucking industry.
The report provides a comprehensive background analysis of the US tank trucking market, covering the current market scenario, trends, drivers, restraints, technological updates, government regulations, and detailed information on various segments and the competitive landscape of the industry. In addition, the COVID-19 impact has been incorporated and considered during the study.
The market is segmented by fleet type (for-hire and private), capacity (light duty, medium duty, and heavy duty), and product category (crude petroleum, petroleum products (gasoline, diesel, and aviation fuels), chemicals, food and beverages, fertilizers, and other product categories). The report offers market size and forecasts for the US tank trucking market in value (USD billion) for all the above segments.
| Crude Petroleum |
| Petroleum Products |
| Chemicals |
| Food and Beverages |
| Fertilizers |
| Other Product Categories |
| Light Duty |
| Medium Duty |
| Heavy Duty |
| Domestic |
| International |
| Long Haul |
| Short Haul |
| Residential |
| Commercial |
| Industrial |
| By Product Category | Crude Petroleum |
| Petroleum Products | |
| Chemicals | |
| Food and Beverages | |
| Fertilizers | |
| Other Product Categories | |
| By Capacity | Light Duty |
| Medium Duty | |
| Heavy Duty | |
| Destination | Domestic |
| International | |
| By Distance | Long Haul |
| Short Haul | |
| By Application | Residential |
| Commercial | |
| Industrial |
Key Questions Answered in the Report
What is the current value of the United States tank trucking market?
The market is valued at USD 53.45 billion in 2025, with a forecast to reach USD 64.07 billion by 2030.
Which cargo category holds the largest share in U.S. tank trucking?
Petroleum products account for 47.0% of 2024 revenue, maintaining the lead among transported liquids.
How fast is food-grade liquid transport growing?
Food and beverage shipments show a 4.30% CAGR, the fastest among all product categories through 2030.
What is driving investment in heavier-payload DOT-412 tanks?
Carriers adopt DOT-412 specs to maximize payload while staying within weight limits, cutting cost per gallon on long hauls.
How are compliance penalties affecting small fleets?
FMCSA and PHMSA fee hikes raise per-violation costs past USD 100,000, pushing many small operators to exit or merge.
Which region offers the highest density of tank-truck freight?
The Gulf Coast, anchored by Texas and Louisiana, concentrates refinery and petrochemical volumes that keep fleets fully loaded most of the year.
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