United States Freight and Logistics Market Growth, Size, Trends, Revenue and Future Outlook
United States Freight and Logistics Market Size- By Shipping Type, By Service, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: AMIN24165 | Pages: 1 - 107 | Formats*: |
| Category : Automotive & Transportation | |||
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 |
| 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:
| By Shipping Type: |
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| By Service: |
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| By End Use: |
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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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. 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. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. 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. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Freight and Logistics Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2020-20267.2. United States Freight and Logistics Market Size, Share and Forecast, By Shipping Type, 2027-20337.3. Airways7.4. Railways7.5. Roadways7.6. 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, 2020-20268.2. United States Freight and Logistics Market Size, Share and Forecast, By Service, 2027-20338.3. Inventory Management8.4. Packaging8.5. Warehousing8.6. Transportation8.7. Distribution8.8. 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, 2020-20269.2. United States Freight and Logistics Market Size, Share and Forecast, By End Use, 2027-20339.3. Energy and Utilities9.4. Trade and Transportation9.5. 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. Eastern11.4. Western11.5. Northern11.6. Southern
12. Company Profile
12.1. C.H. ROBINSON
12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments
12.2. CROWLEY LOGISTICS, INC.
12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments
12.3. ECHO GLOBAL LOGISTICS, INC.
12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments
12.4. FEDEX
12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments
12.5. J.B. HUNT TRANSPORT, INC.
12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments
12.6. KUEHNE + NAGEL
12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments
12.7. SCHNEIDER NATIONAL, INC.
12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments
12.8. UNITED PARCEL SERVICE OF AMERICA, INC.
12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments
12.9. XPO LOGISTICS, INC.
12.9.1. Company details12.9.2. Financial outlook12.9.3. Product summary12.9.4. Recent developments
12.10. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Freight and Logistics Market is projected to reach USD 1.88 billion by 2033, growing at a CAGR of 4.11% during the forecast period.
United States Freight and Logistics Market grew in Market size from 2022. The Market is expected to reach USD 1.88 billion by 2033, at a CAGR of 4.11% during the forecast period.
United States Freight and Logistics Market CAGR of 4.11% during the forecast period.
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United States Freight and Logistics Market size is USD 1.88 billion from 2024 to 2033.
United States Freight and Logistics Market Segment is covered By Shipping Type, By Service, By End Use.
The North America is anticipated to have the highest Market share in the United States Freight and Logistics Market.
The key players in the Market include Companies Covered C.H. Robinson, Crowley Logistics, Inc., Echo Global Logistics, Inc., FedEx, J.B. Hunt Transport, Inc.
The techniques and procedures used in the distribution, storage, and transportation of products and materials are referred to as freight and logistics.
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