Global Truck Transport Market 2022 to 2031: Featuring Xiamen C&D, Cargill, FedEx and United Parcel Service Among Others

Classified in:Covid-19 virus

The "Truck Transport Global Market Report 2022: By Application, By Size" report has been added to's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global truck transport market as it emerges from the COVID-19 shut down. The global truck transport market is expected to grow from £1,663.34 billion in 2021 to £1,833.94 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%.

The market is expected to grow to £2,594.36 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%. Companies Mentioned

  • Xiamen C&D
  • Cargill Incorporated
  • FedEx Corporation
  • United Parcel Service Inc.
  • Toyota Motor Corp.
  • C.H. Robinson Worldwide inc.
  • XPO Logistics Inc.
  • J.B.

    Hunt Transport Services

  • A.P. Moller-Marsk A/S
  • YRC Worldwide Inc.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

The truck transport market consists of sales of truck transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of cargo using motor vehicles, such as trucks and tractor-trailers. This market does not include household and office goods transportation services.

The main types in the truck transport market are general freight trucking and specialized freight trucking. General freight trucking is specialized in handling and transporting goods in a container locally or in long distances. The market is also segmented by size into heavy trucks, medium trucks, and light trucks and by application into oil and gas, industrial and manufacturing, energy and mining, food and beverages, pharmaceuticals and healthcare, and others.

Asia-Pacific was the largest region in the truck transport market in 2021. North America was the second largest region in the truck transport market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Faster Economic Growth -The truck transport market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth.

Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end-user markets, thereby driving the market during the forecast period.

Fleet regionalization is being widely adopted by truck transportation companies to reduce operational costs and increase transportation efficiencies. As a result, companies involved in the truck transportation business are gradually shifting their services from international and national levels to the regional level. Regionalization of fleets enables truck transportation companies to increase operational efficiencies and reduce costs, improving driver and truck turnaround time.

Major advantages of fleet regionalization include increased ports of entry, intermodal system capabilities, and shorter travel distances. The countries covered in the truck transport market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. For more information about this report visit

These press releases may also interest you

at 09:55

The "Enterprise Content Management (ECM): Global Strategic Business Report" report has been added to's offering.

Global Enterprise Content Management (ECM) Market to Reach £92.5 Billion by 2027 In the changed post COVID-19...

at 09:50

The "Austria Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on Buy Now Pay Later Trends by End-Use Sectors, Operational KPIs, Market Share, Retail Product Dynamics, and Consumer Demographics - Q3 2022 Update" report has...

at 09:45

The "Truck Transport Global Market Report 2022: By Application, By Size" report has been added to's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess...

at 09:40

Special Opportunities Fund, Inc. (the "Fund") , announced today that its Annual Meeting of Stockholders will be held on December 14, 2022 at 10:00 a.m., Eastern time, at the offices of Blank Rome LLP, 1271 Avenue of the Americas, 16th Floor, New...

at 09:40

Report Scope:This report aims to provide a comprehensive study of the global market for dental restoration, both in terms of quantitative and qualitative data, in order to help readers develop businesses growth strategies, assess the market...

at 09:36

First data to be presented as a late-breaker abstract from global pivotal APPLY-PNH trial of investigational oral monotherapy iptacopan in paroxysmal nocturnal hemoglobinaria (PNH), a rare and serious complement-mediated blood disorderNew data...

News published on 22 november 2022 at 09:45 and distributed by:

Read more at: ' + document.location.href, copytext = selection + pagelink, newdiv = document.createElement('div'); = 'absolute'; = '-99999px'; document.body.appendChild(newdiv); newdiv.innerHTML = copytext; selection.selectAllChildren(newdiv); window.setTimeout(function () { document.body.removeChild(newdiv); }, 100);}document.addEventListener('copy', addLink);//]]>