According to Organic Market Research, United States Freight and Logistics Market Share was USD 1.29 trillion in 2023 and the market is projected to touch USD 1.87 trillion by 2032, at a CAGR of 4.2% during the forecast period. The Market is expected to continue its growth trajectory, driven by the ongoing expansion of e-commerce, technological advancements, and increasing globalization. The market will likely see further consolidation as companies seek to enhance their capabilities and scale through mergers and acquisitions. Additionally, the focus on sustainability and the adoption of green logistics practices will play a crucial role in shaping the future of the industry.
The US Freight and Logistics Market Size is a critical pillar of the country's economy, enabling the movement of goods across vast distances efficiently and reliably. The market encompasses various modes of transportation, including road, rail, air, and sea, as well as warehousing, distribution, and value-added services. The U.S. freight and logistics industry is characterized by its complexity and scale, serving diverse sectors such as retail, manufacturing, healthcare, agriculture, and e-commerce. The industry has experienced significant growth in recent years, driven by technological advancements, the rise of e-commerce, and increasing global trade.
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Market Segmentation
By Logistics Function
- Express
- Courier, and Parcel (CEP)
- Freight Transport
- Freight Forwarding
- Warehousing and Storage
By End User Industry
- Manufacturing
- Oil and Gas
- Mining and Quarrying
- Agriculture
- Fishing and Forestry
- Construction
- Wholesale and Retail Trade
- Others
By Mode of Transport
- Production Trends
- Manufacturing
- E-Commerce etc. (in USD)
- Import and Export trends (in USD)
- Freight Pricing Trends (USD per ton-km)
Customization Scope
- Available upon request
Pricing
- Available upon request
Related Report
United States Freight and Logistics Market Revenue
Key Players in the Market
The major players in the market are FedEx Corporation, United Parcel Service, Inc. (UPS), DHL International GmbH, C.H. Robinson Worldwide, Inc., XPO Logistics, Inc., J.B. Hunt Transport Services, Inc., DB Schenker Logistics, Kuehne + Nagel International AG, Ryder System, Inc., and Expeditors International of Washington, Inc.
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