Road Freight Transportation Market in North America 2017-2021

  • ID: 4032390
  • Report
  • Region: America, North America, United States
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • BNSF
  • CN Railway
  • DB Schenker
  • Genesee & Wyoming
  • Hub Group
  • Norfolk Southern
  • MORE

The road freight transportation market in North America is anticipated to grow at a steady rate and will post a CAGR of close to 4% during the forecast period. The increasing growth in automotive and auto components industry will drive the growth prospects for the road freight transportation market in North America until the end of 2021. Some of the major factors responsible for the growing demand for automotive spare parts logistics is the increasing number of vehicles and resurgence of automotive manufacturing activities. Moreover, since manufacturers in the US are planning to increase investments and enhance production processes and systems to reap better profits, the growth in the market is inevitable.

The increasing use of alternative fuels will drive the growth prospects for the road freight transportation market in North America for the next few years. Some of the major factors responsible for the growing demand for alternative fuels such as the natural gas, biodiesel, and propane to power road freight vehicles is the increasing cost of fuel, government regulations, and environmental concerns.

The road freight transportation market in North America is fragmented and competitive due to the presence of several small and large vendors across the globe. These vendors are increasingly focusing on providing different types of value-added logistics services such as assortment and grading of products, packaging, MIS services in the logistics supply chain, and other legal formalities necessary in the process.

Key vendors in this market are:

  • UPS
  • FedEx Freight
  • J.B. Hunt Transport Services
  • YRC Worldwide
  • Swift Transportation
  • Schneider National

Other prominent vendors in the market include ArcBest, Estes Express Lines, Hub, Landstar System, NFI Industries, Old Dominion Freight Line, Penske, R+L Carriers, Ryder System, TransForce, US Xpress, Werner, and XPO Logistics.

Segmentation by type of carrier and analysis of the road freight transportation market in North America:

  • Full truckload
  • Less-than-truckload

The full truckload segment accounts for the maximum market share in 2016 and will continue to dominate the market during the next few years as well. One of the major factors responsible for the market segment’s growth is the increasing number of vendors that provide value-added services such as drayage, coast-to-coast services, and international shipping between Mexico, the US, and Canada.

Growth drivers, challenges, and upcoming trends: Introduction of self-driven trucks

A major factor that is likely to promote the adoption of self-driven trucks is the reduced cost of fuel energy as these trucks use batteries.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the road freight transportation market in North America. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include:

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the road freight transportation market in North America?
  • What are the key market trends impacting the growth of the road freight transportation market in North America?
  • What are the challenges to market growth?
  • Who are the key vendors in the road freight transportation market in North America?
  • What are the market opportunities and threats faced by the vendors in the road freight transportation market in North America?
  • What are the trending factors influencing the market shares of North America?
  • What are the key outcomes of the five forces analysis of the road freight transportation market in North America?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BNSF
  • CN Railway
  • DB Schenker
  • Genesee & Wyoming
  • Hub Group
  • Norfolk Southern
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
Market overview
Vendor offerings

Part 03: Market research methodology
Research methodology
Economic indicators

Part 04: Introduction
Key market highlights

Part 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

Part 06: Market segmentation by type of carrier
Road freight transportation market in North America by type of carrier
Road freight transportation market in North America by type of carrier
Road freight transportation market in North America by full truckload
Road freight transportation market in North America by less-than truckload

Part 07: Key leading countries

Part 08: Market drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape
Competitive scenario

Part 13: Key vendor profiles
UPS
FedEx Freight
J.B. Hunt Transport Services
YRC Worldwide
Swift Transportation
Schneider National
Other prominent vendors

Part 14: Appendix
List of abbreviations

Part 15: Extras

List of Exhibits
Exhibit 01: Service offerings
Exhibit 02: Comparison of modes of transportation of major commodities in North America 2015 (% volume)
Exhibit 03: Road freight transportation market in North America 2015-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Type of carriers in road freight transportation market in North America
Exhibit 06: Road freight transportation market in North America by type of carrier 2016 (% share)
Exhibit 07: Road freight transportation market in North America by type of carrier 2016-2021($ billions)
Exhibit 08: Road freight transportation market in North America by full truckload 2016-2021 ($ billions)
Exhibit 09: Road freight transportation market in North America by less-than truckload 2016-2021 ($ billions)
Exhibit 10: Key leading countries
Exhibit 11: Road freight transportation market in North America 2016 and 2021 (% revenue share)
Exhibit 12: Road freight transportation market in US 2016-2021 ($ billions)
Exhibit 13: Road freight transportation market in Mexico 2016-2021 ($ billions)
Exhibit 14: Road freight transportation market in Canada 2016-2021 ($ billions)
Exhibit 15: Economic indicators in US 2016-2020 (%)
Exhibit 16: Impact of drivers and challenges
Exhibit 17: UPS: Business segmentation by revenue 2015 (% share)
Exhibit 18: UPS: Geographical segmentation by revenue 2015 (% share)
Exhibit 19: Recent developments
Exhibit 20: FedEx Freight: Business segmentation by revenue 2016 (% share)
Exhibit 21: FedEx: Business segmentation by revenue 2015 and 2016 (% revenue)
Exhibit 22: FedEx: Geographical segmentation by revenue 2016 (% share)
Exhibit 23: Recent developments
Exhibit 24: J.B. Hunt Transport Services: Business segmentation by revenue 2015 (% share)
Exhibit 25: J.B. Hunt Transport Services: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 26: J.B. Hunt Transport Services: Geographical segmentation
Exhibit 27: Recent developments
Exhibit 28: YRC: Business segmentation by revenue 2015 (% share)
Exhibit 29: YRC: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 30: Recent developments
Exhibit 31: Swift Transportation: Business segmentation by revenue 2015 (% share)
Exhibit 32: Swift Transportation: Business segmentation by revenue 2014 and 2015 ($ millions)
Exhibit 33: Schneider National: Geographical segmentation
Exhibit 34: Recent developments
Exhibit 35: Other prominent vendors
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  • CN Railway
  • CSX
  • Kansas City Southern
  • Union Pacific
  • BNSF
  • Canadian Pacific
  • DB Schenker
  • Ferromex
  • GeoMetrix Rail Logistics
  • Genesee & Wyoming
  • Hub Group
  • Norfolk Southern
  • RSI Logistics
Note: Product cover images may vary from those shown
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