The North America Freight Transport Market would witness market growth of 10.2% CAGR during the forecast period (2022-2028).
The existence of significant market participants in the e-commerce business, and the necessary infrastructure, the industry has significantly evolved throughout the US. The capacity to track different goods and freight in transit gives e-commerce businesses a comprehensive view of the inventory and activities, which affects the need for freight transport solutions.
Shippers may enhance customer experience and reduce costs by managing items in motion, limiting disruptions, providing proactive status updates, and mitigating risk. As a result, it is expected that the supply chain will become stronger as a result of adequate visibility.
The main businesses seek mergers and acquisitions to grow their market share, diversify their product offerings, spread their geographic reach, and integrate cutting-edge technologies to lower the cost of freight operations. The participants concentrate on providing quick, affordable, and secure freight transport services. These businesses are also partnering with local and regional as well as e-commerce players in order to outperform their competitors and take a large share of the market.
According to estimates, the United States will significantly contribute to the region. The increase in the retail industry due to many businesses switching to the internet channel is blamed for the increase in the share. The United States is continually expanding in the freight transportation industry as a result of technological advancements in the IT and cloud computing sectors. The North American freight transport solution market gained traction with globalization, particularly in the United States, due to the increased digitalization and use of the Internet of Things (IoT) by numerous industries.
The US market dominated the North America Freight Transport Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $13,970.8 million by 2028.The Canada market is poised to grow at a CAGR of 12.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.7% during (2022 - 2028).
Based on Offering, the market is segmented into Services and Solution. Based on Solution Type, the market is segmented into Freight Security & Monitoring System, Fleet Tracking & Maintenance Solution, Warehouse Management System, Freight Information Management System, Freight Transportation Cost Management, Freight Mobility & Operational Management Solutions and Freight 3PL Solution. Based on Mode of Transport, the market is segmented into Roadways, Railways and Seaways & Airways. Based on Vertical, the market is segmented into Retail & E-commerce, Automotive, Aerospace & Defense, Pharmaceuticals, Energy and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Freight Transport Market is Estimated to reach $57.1 Billion by 2028, at a CAGR of 10.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include C.H. Robinson Worldwide, Inc., Deutsche Post DHL Group (The Deutsche Post AG), FedEx Corporation, Kuehne + Nagel International AG (Kuehne Holding AG), United Parcel Service, Inc., SAP SE, Oracle Corporation, Schneider National, Inc., DSV A/S, and Nippon Express Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Services
- Solution
- Freight Security & Monitoring System
- Fleet Tracking & Maintenance Solution
- Warehouse Management System
- Freight Information Management System
- Freight Transportation Cost Management
- Freight Mobility & Operational Management Solutions
- Freight 3PL Solution
By Mode of Transport
- Roadways
- Railways
- Seaways & Airways
By Vertical
- Retail & E-commerce
- Automotive
- Aerospace & Defense
- Pharmaceuticals
- Energy
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- C.H. Robinson Worldwide, Inc.
- Deutsche Post DHL Group (The Deutsche Post AG)
- FedEx Corporation
- Kuehne + Nagel International AG (Kuehne Holding AG)
- United Parcel Service, Inc.
- SAP SE
- Oracle Corporation
- Schneider National, Inc.
- DSV A/S
- Nippon Express Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Freight Transport Market, by Offering
1.4.2 North America Freight Transport Market, by Mode of Transport
1.4.3 North America Freight Transport Market, by Vertical
1.4.4 North America Freight Transport Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Apr – 2022, Oct) Leading Players
Chapter 4. North America Freight Transport Market by Offering
4.1 North America Services Market by Country
4.2 North America Solution Market by Country
4.3 North America Freight Transport Market by Solution Type
4.3.1 North America Freight Security & Monitoring System Market by Country
4.3.2 North America Fleet Tracking & Maintenance Solution Market by Country
4.3.3 North America Warehouse Management System Market by Country
4.3.4 North America Freight Information Management System Market by Country
4.3.5 North America Freight Transportation Cost Management Market by Country
4.3.6 North America Freight Mobility & Operational Management Solutions Market by Country
4.3.7 North America Freight 3PL Solution Market by Country
Chapter 5. North America Freight Transport Market by Mode of Transport
5.1 North America Roadways Market by Country
5.2 North America Railways Market by Country
5.3 North America Seaways & Airways Market by Country
Chapter 6. North America Freight Transport Market by Vertical
6.1 North America Retail & E-commerce Market by Country
6.2 North America Automotive Market by Country
6.3 North America Aerospace & Defense Market by Country
6.4 North America Pharmaceuticals Market by Country
6.5 North America Energy Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Freight Transport Market by Country
7.1 US Freight Transport Market
7.1.1 US Freight Transport Market by Offering
7.1.1.1 US Freight Transport Market by Solution Type
7.1.2 US Freight Transport Market by Mode of Transport
7.1.3 US Freight Transport Market by Vertical
7.2 Canada Freight Transport Market
7.2.1 Canada Freight Transport Market by Offering
7.2.1.1 Canada Freight Transport Market by Solution Type
7.2.2 Canada Freight Transport Market by Mode of Transport
7.2.3 Canada Freight Transport Market by Vertical
7.3 Mexico Freight Transport Market
7.3.1 Mexico Freight Transport Market by Offering
7.3.1.1 Mexico Freight Transport Market by Solution Type
7.3.2 Mexico Freight Transport Market by Mode of Transport
7.3.3 Mexico Freight Transport Market by Vertical
7.4 Rest of North America Freight Transport Market
7.4.1 Rest of North America Freight Transport Market by Offering
7.4.1.1 Rest of North America Freight Transport Market by Solution Type
7.4.2 Rest of North America Freight Transport Market by Mode of Transport
7.4.3 Rest of North America Freight Transport Market by Vertical
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.2 Oracle Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Kuehne + Nagel International AG (Kuehne Holding AG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Acquisition and Mergers:
8.4 C.H. Robinson Worldwide, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Acquisition and Mergers:
8.5 United Parcel Service, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 Deutsche Post DHL Group (The Deutsche Post AG)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Acquisition and Mergers:
8.7 FedEx Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 Schneider National, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Acquisition and Mergers:
8.9 DSV A/S
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.10. Nippon Express Co., Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental Analysis
TABLE 1 North America Freight Transport Market, 2018 - 2021, USD Million
TABLE 2 North America Freight Transport Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Freight Transport Market
TABLE 4 Acquisition and Mergers– Freight Transport Market
TABLE 5 North America Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 6 North America Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 7 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 12 North America Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 13 North America Freight Security & Monitoring System Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Freight Security & Monitoring System market by Country, 2022 - 2028, USD Million
TABLE 15 North America Fleet Tracking & Maintenance Solution Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Fleet Tracking & Maintenance Solution Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Warehouse Management System Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Warehouse Management System Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Freight Information Management System Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Freight Information Management System Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Freight Transportation Cost Management Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Freight Transportation Cost Management Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Freight Mobility & Operational Management Solutions Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Freight Mobility & Operational Management Solutions Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Freight 3PL Solution Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Freight 3PL Solution Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 28 North America Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 29 North America Roadways Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Roadways Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Railways Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Railways Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Seaways & Airways Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Seaways & Airways Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 36 North America Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 37 North America Retail & E-commerce Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Retail & E-commerce Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Energy Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Energy Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Freight Transport Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Freight Transport Market by Country, 2022 - 2028, USD Million
TABLE 51 US Freight Transport Market, 2018 - 2021, USD Million
TABLE 52 US Freight Transport Market, 2022 - 2028, USD Million
TABLE 53 US Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 54 US Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 55 US Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 56 US Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 57 US Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 58 US Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 59 US Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 60 US Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Canada Freight Transport Market, 2018 - 2021, USD Million
TABLE 62 Canada Freight Transport Market, 2022 - 2028, USD Million
TABLE 63 Canada Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 64 Canada Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 65 Canada Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 66 Canada Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 67 Canada Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 68 Canada Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 69 Canada Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Canada Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Mexico Freight Transport Market, 2018 - 2021, USD Million
TABLE 72 Mexico Freight Transport Market, 2022 - 2028, USD Million
TABLE 73 Mexico Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 74 Mexico Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 75 Mexico Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 76 Mexico Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 77 Mexico Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 78 Mexico Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 79 Mexico Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 80 Mexico Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 81 Rest of North America Freight Transport Market, 2018 - 2021, USD Million
TABLE 82 Rest of North America Freight Transport Market, 2022 - 2028, USD Million
TABLE 83 Rest of North America Freight Transport Market by Offering, 2018 - 2021, USD Million
TABLE 84 Rest of North America Freight Transport Market by Offering, 2022 - 2028, USD Million
TABLE 85 Rest of North America Freight Transport Market by Solution Type, 2018 - 2021, USD Million
TABLE 86 Rest of North America Freight Transport Market by Solution Type, 2022 - 2028, USD Million
TABLE 87 Rest of North America Freight Transport Market by Mode of Transport, 2018 - 2021, USD Million
TABLE 88 Rest of North America Freight Transport Market by Mode of Transport, 2022 - 2028, USD Million
TABLE 89 Rest of North America Freight Transport Market by Vertical, 2018 - 2021, USD Million
TABLE 90 Rest of North America Freight Transport Market by Vertical, 2022 - 2028, USD Million
TABLE 91 Key Information – SAP SE
TABLE 92 Key Information – Oracle Corporation
TABLE 93 Key Information – Kuehne + Nagel International AG
TABLE 94 Key information – C.H. Robinson Worldwide, Inc.
TABLE 95 Key Information – United Parcel Service, Inc.
TABLE 96 Key Information – Deutsche Post DHL Group
TABLE 97 Key Information – FedEx Corporation
TABLE 98 Key Information – Schneider National, Inc.
TABLE 99 Key Information – DSV A/S
TABLE 100 Key Information – Nippon Express co., ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Apr – 2022, Oct) Leading Players
FIG 5 SWOT Analysis: SAP SE
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: Kuehne + Nagel International AG
FIG 8 Recent strategies and developments: C.H. Robinson Worldwide, Inc.
FIG 9 Recent strategies and developments: United Parcel Service, Inc.