United States Freight and Logistics Market Introduction and Overview
According to SPER Market Research, the United States Freight and Logistics Market is estimated to reach USD 1.88 billion by 2033 with a CAGR of 4.11%.
The report includes an in-depth analysis of the United States Freight and Logistics Market, including market size and trends, product mix, applications, and supplier analysis. The techniques and procedures used in the distribution, storage, and transportation of products and materials are referred to as freight and logistics. It includes organizing, carrying out, and managing the effective transportation and storage of products, services, and related data from the point of origin to the site of consumption. This covers warehousing, inventory control, packaging, tracking systems, and a variety of transportation methods like air, sea, rail, and road. In order to satisfy customer demands, keep prices down, maximize supply chain efficiency, and comply with legal and environmental requirements, freight and logistics work together to assure on-time delivery.
- February 2024; The effort of making an appointment at the location where a load needs to be picked up and another appointment at the destination where the load needs to be delivered is eliminated thanks to new technology developed by C.H. Robinson.
- November 2023; A development in airfreight operations is announced by DB Schenker and American Airlines Cargo. November 2023 saw the launch of an API (Application Programming Interface) connection, which is the next stage in the digitalization and simplification of the airfreight booking procedures.
Market Opportunities and Challenges
Opportunities- The growth in international trade is the primary factor that has been propelling the freight and logistics market size. Along with the expansion of the global logistics infrastructure, the second is a surge in agreements pertaining to commerce. The quick delivery times and uninterrupted supply chain are two factors contributing to the growing popularity of the freight and logistics sectors among consumers. One of the primary drivers of the market value growth for freight and logistics is the expansion of infrastructure and building.
Challenges- In order to satisfy changing consumer and supply chain partner demands, the US freight and logistics market offers substantial opportunity for innovation, diversification, and value-added services. One such potential is in the last-mile delivery market, where customers now expect speed and convenience, and the quick expansion of e-commerce has created a demand for same-day, next-day, and time-definite delivery services. There's also a chance to grow into specialty industries like perishable products transportation, pharmaceutical logistics, and cold chain logistics, where specific knowledge and infrastructure are needed to guarantee product integrity and legal compliance.
Market Competitive Landscape
The United States Freight and Logistics Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are C.H. Robinson, Crowley Logistics, Inc., Echo Global Logistics, Inc., FedEx, J.B. Hunt Transport, Inc., Kuehne + Nagel, Old Dominion Freight Line, Inc., Schneider National, Inc., United Parcel Service of America, Inc., and XPO Logistics, Inc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Shipping Type, By Service, By End Use
|
| Regions covered | Northern, Southern, Western, Eastern
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| Companies Covered | C.H. Robinson, Crowley Logistics Inc., Echo Global Logistics Inc., FedEx, J.B. Hunt Transport Inc., Kuehne + Nagel, Old Dominion Freight Line, Inc., Schneider National Inc., United Parcel Service of America Inc., and XPO Logistics Inc., Others. |
COVID-19 Impact on United States Freight and Logistics Market
Regarding the sectors, the pandemic had a negative effect on the United States freight and logistics market. Due to social conventions and the lockdown, major firms have paused operations in a number of regions. The industry anticipates a spike in demand and requirements after the pandemic due to the increased need to utilize available space efficiently and the speed at which urbanization is occurring. As a result, the freight and logistic market grew after COVID.
Key Target Audience
- Manufacturers
- Retailers
- E-commerce Businesses
- Third Party Logistics Providers
- Importers and Exporters
Our in-depth analysis of the United States Freight and Logistics Market includes the following segments:
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By Shipping Type:
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Airways
Railways
Roadways
Waterways
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By Service:
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Inventory Management
Packaging
Warehousing
Transportation
Distribution
Others
|
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By End Use:
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Energy and Utilities
Trade and Transportation
Government and Public Utilities
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Key Topics Covered in the Report
- United States Freight and Logistics Market Size (FY’2024-FY’2033)
- Overview of United States Freight and Logistics Market
- Segmentation of United States Freight and Logistics Market by Shipping Type (Airways, Railways, Roadways, Waterways)
- Segmentation of United States Freight and Logistics Market by Services (Inventory Management, Packaging, Warehousing, Transportation, Distribution, Others)
- Segmentation of United States Freight and Logistics Market by End Use (Energy and Utilities, Trade and Transportation, Government and Public Utilities)
- Statistical Snap of United States Freight and Logistics Market
- Expansion Analysis of United States Freight and Logistics Market
- Problems and Obstacles in United States Freight and Logistics Market
- Competitive Landscape in the United States Freight and Logistics Market
- Impact of COVID-19 and Demonetization on United States Freight and Logistics Market
- Details on Current Investment in United States Freight and Logistics Market
- Competitive Analysis of United States Freight and Logistics Market
- Prominent Players in the United States Freight and Logistics Market
- SWOT Analysis of United States Freight and Logistics Market
- United States Freight and Logistics Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Freight and Logistics Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Laundry Detergent Market
7. United States Freight and Logistics Market, By Shipping Type (USD Million) 2020-2033
7.1. United States Freight and Logistics Market Size, Share and Forecast, By Shipping Type, 2020-2026
7.2. United States Freight and Logistics Market Size, Share and Forecast, By Shipping Type, 2027-2033
7.3. Airways
7.4. Railways
7.5. Roadways
7.6. Waterways
8. United States Freight and Logistics Market, By Service (USD Million) 2020-2033
8.1. United States Freight and Logistics Market Size, Share and Forecast, By Service, 2020-2026
8.2. United States Freight and Logistics Market Size, Share and Forecast, By Service, 2027-2033
8.3. Inventory Management
8.4. Packaging
8.5. Warehousing
8.6. Transportation
8.7. Distribution
8.8. Others
9. United States Freight and Logistics Market, By End Use (USD Million) 2020-2033
9.1. United States Freight and Logistics Market Size, Share and Forecast, By End Use, 2020-2026
9.2. United States Freight and Logistics Market Size, Share and Forecast, By End Use, 2027-2033
9.3. Energy and Utilities
9.4. Trade and Transportation
9.5. Government and Public Utilities
10. United States Freight and Logistics Market Forecast, 2020-2033 (USD Million)
10.1. United States Freight and Logistics Market Size and Market Share
11. United States Freight and Logistics Market, By Region, 2020-2033 (USD Million)
11.1. United States Freight and Logistics Market Size and Market Share By Region (2020-2026)
11.2. United States Freight and Logistics Market Size and Market Share By Region (2027-2033)
11.3. Eastern
11.4. Western
11.5. Northern
11.6. Southern
12. Company Profile
12.1. C.H. ROBINSON
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. CROWLEY LOGISTICS, INC.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. ECHO GLOBAL LOGISTICS, INC.
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. FEDEX
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. J.B. HUNT TRANSPORT, INC.
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. KUEHNE + NAGEL
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. SCHNEIDER NATIONAL, INC.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. UNITED PARCEL SERVICE OF AMERICA, INC.
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. XPO LOGISTICS, INC.
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links