Freight and Logistics Market Report 2026

The freight and logistics market size has grown strongly in recent years. It will grow from $17.96 billion in 2025 to $19.09 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to expansion of global trade activities, growth in manufacturing output, rising demand for efficient supply chain operations, increased investment in transportation infrastructure, wider adoption of third-party logistics services.

The freight and logistics market size is expected to see strong growth in the next few years. It will grow to $24.46 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing e-commerce penetration, rising investments in digital logistics platforms, growing focus on carbon-neutral logistics operations, expansion of cross-border trade corridors, increasing adoption of autonomous logistics solutions. Major trends in the forecast period include increasing adoption of multimodal transportation networks, rising deployment of smart warehousing solutions, growing use of real-time shipment tracking systems, expansion of green logistics practices, enhanced focus on last-mile delivery optimization.

The surge in infrastructure development is expected to drive the growth of the freight and logistics market in the coming years. Infrastructure development involves the planning, design, construction, and maintenance of vital physical and organizational structures and facilities that enable the functioning of a society, community, or industry. It improves the efficiency of the freight and logistics sector by offering well-maintained transportation networks, including roads, ports, and railways, which help reduce transportation costs and transit times. Enhanced infrastructure also enables smoother supply chain operations, strengthens connectivity between regions, and supports the expansion of international trade, thereby enhancing the overall competitiveness of the freight and logistics industry. For example, in July 2025, according to the Office for National Statistics, a UK-based national statistical authority, government expenditure on infrastructure rose in 2024 to £28.9 billion (US$ 38.3 billion) at current prices, approximately 2.2% higher than the previous year. Thus, the surge in infrastructure development is fueling the growth of the freight and logistics market.

Leading enterprises in the freight and logistics sector are innovating by introducing novel products such as freight booking and management systems to establish a competitive advantage in the market. Freight booking and management systems encompass comprehensive software solutions crafted to facilitate the efficient and seamless handling of the booking, organization, and supervision of goods transportation within the freight and logistics industry. As an illustration, in May 2023, Tiger Logistics (India) Limited, an international logistics company based in India, unveiled FreightJar, a digital platform for freight booking and management. The platform is committed to streamlining freight booking processes, potentially saving businesses 3-5 working days per booking and minimizing the reliance on extensive email communication. By bringing all involved parties onto a unified platform, FreightJar enhances transparency in logistics costs and contributes to sustainability by reducing the carbon footprint. The user-friendly platform delivers real-time freight rates, instant booking, automated documentation, and shipment tracking, fostering accessibility, visibility, and transparency in supply chains. Additionally, FreightJar provides Cargo Value Financing solutions for exporters, empowering them with cash flow management and collateral-free financing options.

In December 2023, Maersk, a company based in Denmark, acquired Martin Bencher Group for an undisclosed sum. This acquisition will enable Maersk to utilize Martin Bencher's extensive industry knowledge and established stakeholder relationships, allowing them to provide enhanced and integrated services across a broader spectrum of industries. Martin Bencher Group is also based in Denmark and specializes in project logistics, concentrating on delivering customized freight and logistics solutions for non-containerized cargo.

Major companies operating in the freight and logistics market are United Parcel Service Inc., DHL International GmbH, Deutsche Post AG, FedEx Logistics Inc., A.P. Moller-Maersk Group, Kuehne + Nagel International AG, DSV Panalpina A/S, C.H. Robinson Worldwide Inc., Bolloré Logistics, Ryder System Inc., Nippon Express Co. Ltd., Expeditors International of Washington Inc., Sinotrans Limited, J.B. Hunt Transport Services Inc., Geodis SA, Werner Enterprises Inc., Kerry Logistics Network Limited, UPS Supply Chain Solutions Inc., GXO Logistics Inc., XPO Logistics Inc., Knight-Swift Transportation Holdings Inc., Kintetsu World Express Inc., Schneider National Inc., Hellmann Worldwide Logistics GmbH & Co. KG, Lineage Logistics Holdings LLC, Americold Realty Trust, Agility Public Warehousing Company K.S.C.P., Ceva Logistics LLC, APL Logistics Ltd., Deutsche Bahn AG.

Asia-Pacific was the largest region in the freight and logistics market in 2025. North America is expected to be the fastest growing region in the forecast period. The regions covered in the freight and logistics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the freight and logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The freight and logistics market includes revenues earned by entities by overseeing and managing the delivery of goods. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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