Global Truckload Carrier Services Industry

2023-2029 Global Truckload Carrier Services Industry Research & Trends Analysis Report

Global Truckload Carrier Services Industry

2023-2029 Global Truckload Carrier Services Industry Research & Trends Analysis Report


The Truckload Carrier Services Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.

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According to Research, the global market for Truckload Carrier Services should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Truckload Carrier Services market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Truckload Carrier Services market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Truckload Carriers segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Oil & Gas has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.

The global key manufacturers of Truckload Carrier Services include R+L Global Logistics, XPO Logistics Inc., YRC Worldwide Inc., FedEx Corporation, JB Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., C.H. Robinson, Progressive Carriers and Joe's Logistics, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

This report aims to provide a comprehensive study of the global market for Truckload Carrier Services. Report Highlights:

(1) Global Truckload Carrier Services market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Truckload Carrier Services market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Truckload Carrier Services market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Truckload Carrier Services segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Truckload Carrier Services segment by type and by application and regional segment by type and by application.

(6) Truckload Carrier Services industry supply chain, upstream, midstream and downstream analysis.

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa

Market segment by type, covers

Truckload Carriers

Less-than-truckload Carriers

Other

Market segment by application, can be divided into

Oil & Gas

Industrial & Manufacturing

Energy & Mining

Food & Beverages

Pharmaceuticals & Healthcare

Other

Market segment by players, this report covers

R+L Global Logistics

XPO Logistics Inc.

YRC Worldwide Inc.

FedEx Corporation

JB Hunt Transport Services Inc.

Knight-Swift Transportation Holdings Inc.

C.H. Robinson

Progressive Carriers

Joe's Logistics

Universal Truckload

Reynold Transportation

Freightquote

Old Dominion Freight Line

1 Market Overview

1.1 Product Overview and Scope of Truckload Carrier Services

1.2 Global Truckload Carrier Services Market Size and Forecast

1.3 China Truckload Carrier Services Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Truckload Carrier Services Share in Global Market, 2018-2029

1.4.2 Truckload Carrier Services Market Size: China VS Global, 2018-2029

1.5 Truckload Carrier Services Market Dynamics

1.5.1 Truckload Carrier Services Market Drivers

1.5.2 Truckload Carrier Services Market Restraints

1.5.3 Truckload Carrier Services Industry Trends

1.5.4 Truckload Carrier Services Industry Policy

2 Global Competitive Situation by Company

2.1 Global Truckload Carrier Services Revenue by Company (2018-2023)

2.2 Global Truckload Carrier Services Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Truckload Carrier Services Concentration Ratio

2.4 Global Truckload Carrier Services Mergers & Acquisitions, Expansion Plans

2.5 Global Truckload Carrier Services Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Truckload Carrier Services Revenue by Company (2018-2023)

3.2 China Truckload Carrier Services Truckload Carrier Services Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Truckload Carrier Services, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Truckload Carrier Services Industry Chain

4.2 Truckload Carrier Services Upstream Analysis

4.3 Truckload Carrier Services Midstream Analysis

4.4 Truckload Carrier Services Downstream Analysis

5 Sights by Type

5.1 Truckload Carrier Services Classification

5.1.1 Truckload Carriers

5.1.2 Less-than-truckload Carriers

5.1.3 Other

5.2 By Type, Global Truckload Carrier Services Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Truckload Carrier Services Revenue, 2018-2029

6 Sights by Application

6.1 Truckload Carrier Services Segment by Application

6.1.1 Oil & Gas

6.1.2 Industrial & Manufacturing

6.1.3 Energy & Mining

6.1.4 Food & Beverages

6.1.5 Pharmaceuticals & Healthcare

6.1.6 Other

6.2 By Application, Global Truckload Carrier Services Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Truckload Carrier Services Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Truckload Carrier Services Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Truckload Carrier Services Market Size, 2018-2029

7.3 North America

7.3.1 North America Truckload Carrier Services Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Truckload Carrier Services Market Size Market Share

7.4 Europe

7.4.1 Europe Truckload Carrier Services Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Truckload Carrier Services Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Truckload Carrier Services Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Truckload Carrier Services Market Size Market Share

7.6 South America

7.6.1 South America Truckload Carrier Services Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Truckload Carrier Services Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Truckload Carrier Services Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Truckload Carrier Services Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Truckload Carrier Services Market Size, 2018-2029

8.3.2 By Company, U.S. Truckload Carrier Services Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Truckload Carrier Services Market Size, 2018-2029

8.4.2 By Company, Europe Truckload Carrier Services Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Truckload Carrier Services Market Size, 2018-2029

8.5.2 By Company, China Truckload Carrier Services Revenue Market Share, 2018-2023

8.5.3 By Type, China Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Truckload Carrier Services Market Size, 2018-2029

8.6.2 By Company, Japan Truckload Carrier Services Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Truckload Carrier Services Market Size, 2018-2029

8.7.2 By Company, South Korea Truckload Carrier Services Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Truckload Carrier Services Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Truckload Carrier Services Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Truckload Carrier Services Market Size, 2018-2029

8.9.2 By Company, India Truckload Carrier Services Revenue Market Share, 2018-2023

8.9.3 By Type, India Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Truckload Carrier Services Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Truckload Carrier Services Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Truckload Carrier Services Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Truckload Carrier Services Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 R+L Global Logistics

9.1.1 R+L Global Logistics Company Information, Head Office, Market Area and Industry Position

9.1.2 R+L Global Logistics Company Profile and Main Business

9.1.3 R+L Global Logistics Truckload Carrier Services Models, Specifications and Application

9.1.4 R+L Global Logistics Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.1.5 R+L Global Logistics Recent Developments

9.2 XPO Logistics Inc.

9.2.1 XPO Logistics Inc. Company Information, Head Office, Market Area and Industry Position

9.2.2 XPO Logistics Inc. Company Profile and Main Business

9.2.3 XPO Logistics Inc. Truckload Carrier Services Models, Specifications and Application

9.2.4 XPO Logistics Inc. Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.2.5 XPO Logistics Inc. Recent Developments

9.3 YRC Worldwide Inc.

9.3.1 YRC Worldwide Inc. Company Information, Head Office, Market Area and Industry Position

9.3.2 YRC Worldwide Inc. Company Profile and Main Business

9.3.3 YRC Worldwide Inc. Truckload Carrier Services Models, Specifications and Application

9.3.4 YRC Worldwide Inc. Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.3.5 YRC Worldwide Inc. Recent Developments

9.4 FedEx Corporation

9.4.1 FedEx Corporation Company Information, Head Office, Market Area and Industry Position

9.4.2 FedEx Corporation Company Profile and Main Business

9.4.3 FedEx Corporation Truckload Carrier Services Models, Specifications and Application

9.4.4 FedEx Corporation Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.4.5 FedEx Corporation Recent Developments

9.5 JB Hunt Transport Services Inc.

9.5.1 JB Hunt Transport Services Inc. Company Information, Head Office, Market Area and Industry Position

9.5.2 JB Hunt Transport Services Inc. Company Profile and Main Business

9.5.3 JB Hunt Transport Services Inc. Truckload Carrier Services Models, Specifications and Application

9.5.4 JB Hunt Transport Services Inc. Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.5.5 JB Hunt Transport Services Inc. Recent Developments

9.6 Knight-Swift Transportation Holdings Inc.

9.6.1 Knight-Swift Transportation Holdings Inc. Company Information, Head Office, Market Area and Industry Position

9.6.2 Knight-Swift Transportation Holdings Inc. Company Profile and Main Business

9.6.3 Knight-Swift Transportation Holdings Inc. Truckload Carrier Services Models, Specifications and Application

9.6.4 Knight-Swift Transportation Holdings Inc. Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.6.5 Knight-Swift Transportation Holdings Inc. Recent Developments

9.7 C.H. Robinson

9.7.1 C.H. Robinson Company Information, Head Office, Market Area and Industry Position

9.7.2 C.H. Robinson Company Profile and Main Business

9.7.3 C.H. Robinson Truckload Carrier Services Models, Specifications and Application

9.7.4 C.H. Robinson Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.7.5 C.H. Robinson Recent Developments

9.8 Progressive Carriers

9.8.1 Progressive Carriers Company Information, Head Office, Market Area and Industry Position

9.8.2 Progressive Carriers Company Profile and Main Business

9.8.3 Progressive Carriers Truckload Carrier Services Models, Specifications and Application

9.8.4 Progressive Carriers Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.8.5 Progressive Carriers Recent Developments

9.9 Joe's Logistics

9.9.1 Joe's Logistics Company Information, Head Office, Market Area and Industry Position

9.9.2 Joe's Logistics Company Profile and Main Business

9.9.3 Joe's Logistics Truckload Carrier Services Models, Specifications and Application

9.9.4 Joe's Logistics Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.9.5 Joe's Logistics Recent Developments

9.10 Universal Truckload

9.10.1 Universal Truckload Company Information, Head Office, Market Area and Industry Position

9.10.2 Universal Truckload Company Profile and Main Business

9.10.3 Universal Truckload Truckload Carrier Services Models, Specifications and Application

9.10.4 Universal Truckload Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.10.5 Universal Truckload Recent Developments

9.11 Reynold Transportation

9.11.1 Reynold Transportation Company Information, Head Office, Market Area and Industry Position

9.11.2 Reynold Transportation Company Profile and Main Business

9.11.3 Reynold Transportation Truckload Carrier Services Models, Specifications and Application

9.11.4 Reynold Transportation Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.11.5 Reynold Transportation Recent Developments

9.12 Freightquote

9.12.1 Freightquote Company Information, Head Office, Market Area and Industry Position

9.12.2 Freightquote Company Profile and Main Business

9.12.3 Freightquote Truckload Carrier Services Models, Specifications and Application

9.12.4 Freightquote Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.12.5 Freightquote Recent Developments

9.13 Old Dominion Freight Line

9.13.1 Old Dominion Freight Line Company Information, Head Office, Market Area and Industry Position

9.13.2 Old Dominion Freight Line Company Profile and Main Business

9.13.3 Old Dominion Freight Line Truckload Carrier Services Models, Specifications and Application

9.13.4 Old Dominion Freight Line Truckload Carrier Services Revenue and Gross Margin, 2018-2023

9.13.5 Old Dominion Freight Line Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Truckload Carrier Services Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the major concern of the players in the Truckload Carrier Services Market?
As manufacturers prepare to scale up, Truckload Carrier Services companies must be clear and transparent about the impact of such volatility on the balance sheet.
What years are taken into account in the Truckload Carrier Services Market study?
The Truckload Carrier Services Market study evaluates the year spans as follows: Historical year: 2019 to 2024; Base year: 2024; Forecast period**: 2025 to 2030 [** unless otherwise stated]
What does the future hold for the Truckload Carrier Services Market?
As the shift to value addition continues, companies in the Truckload Carrier Services Market face the dual challenge of improving interoperability to optimize performance and experience.
How is the competitive landscape for the Truckload Carrier Services Market defined?
Companies in the Truckload Carrier Services Industry are thoroughly researched and profiled in order to determine why certain trends will have a significant impact and how they will be factored into the Truckload Carrier Services Market's trajectory and future outlook.