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Global General Freight Trucking Market on an Upward Trajectory

Global General Freight Trucking Market on an Upward Trajectory

Posted on December 13, 2023 By NewsEditor

Global General Freight Trucking Market on an Upward Trajectory

General Freight Trucking Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company’s General Freight Trucking Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The general freight trucking market is expected to grow to $1309.79 billion in 2027 at a CAGR of 8.7%.”

— The Business Research Company

LANDON, GREATER LANDON, UK, December 4, 2023 /EINPresswire.com/ — The global general freight trucking market has experienced remarkable growth, expanding from $859.35 billion in 2022 to $939.3 billion in 2023, reflecting an impressive compound annual growth rate (CAGR) of 9.3%. Projections indicate continued advancement, with the market poised to reach $1309.79 billion by 2027, driven by an anticipated CAGR of 8.7%.

Automated Vehicles Transforming Freight Trucking

The introduction of automated vehicles equipped with cutting-edge safety features such as cameras, radar, and Lidar sensors is reshaping the landscape of freight trucking. These technological advancements not only enhance safety but also contribute to cost savings through reduced fuel consumption and more frequent schedules.

Explore the Global General Freight Trucking Market with a Detailed Sample Report:

Key Market Players Shaping the Industry

Major companies influencing the general freight trucking market include Xiamen C&D, United Parcel Service Inc., C.H. Robinson Worldwide Inc., FedEx Corporation, XPO Logistics Inc., J.B. Hunt Transport Services, YRC Worldwide Inc., Deutsche Post AG, Old Dominion Freight Line Inc., and Landstar System Inc.

Regional Dynamics and Market Segmentation Overview

In 2022, Asia-Pacific emerged as the leading region in the general freight trucking market, with North America securing the second-largest position. The global general freight trucking market report comprehensively covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Insights into Market Segmentation

The global general freight trucking market is segmented –

1) By Type: Local General Freight Trucking, Long-Distance General Freight Trucking
2) By Application: Oil & Gas, Industrial & Manufacturing, Energy & Mining, Food & Beverages, Pharmaceuticals & Healthcare, Other Applications
3) By Size: Heavy Trucks, Medium Trucks, Light Trucks

Access the Complete Report for In-Depth Analysis:

General Freight Trucking Global Market Report 2023 from TBRC covers the following information:

1. Market size date for the forecast period: Historical and Future
2. Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
3. Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The General Freight Trucking Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on general freight trucking market size, general freight trucking market drivers and trends, general freight trucking market major players, competitors’ revenues, general freight trucking market positioning, and market growth across geographies. The general freight trucking market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:

Freight Transport Global Market Report 2023

Inland Water Freight Transport Global Market Report 2023

Long-Distance General Freight Trucking Global Market Report 2023

About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 6500+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

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December 04, 2023, 16:00 GMT


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Article originally published on www.einpresswire.com as Global General Freight Trucking Market on an Upward Trajectory

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