{"id":1285587,"date":"2023-10-13T16:30:00","date_gmt":"2023-10-13T15:30:00","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/road-freight-transportation-market-size-to-grow-usd-3361-2-pr-newswire\/"},"modified":"2023-10-13T16:30:00","modified_gmt":"2023-10-13T15:30:00","slug":"road-freight-transportation-market-size-to-grow-usd-3361-2-pr-newswire","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/road-freight-transportation-market-size-to-grow-usd-3361-2-pr-newswire\/","title":{"rendered":"Road Freight Transportation Market Size to Grow USD 3361.2 &#8230; &#8211; PR Newswire"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">BANGALORE, India<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 13, 2023<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-4G12397\/global-road-freight-transportation\" rel=\"nofollow noopener\" target=\"_blank\">Road Freight Transportation Market<\/a><\/u>\u00a0is Segmented By Type( Full Truckload,Less-Than-Truckload), By Application (Domestic,International): Global Opportunity Analysis and Industry Forecast, 2023-2029. It is published in <u><a href=\"https:\/\/reports.valuates.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Valuates Reports<\/a><\/u> Under the Category of <u><a href=\"https:\/\/reports.valuates.com\/search?qccode=All&amp;qstr=&amp;qcname=All&amp;category=Freight%2B%2526%2BTrucking\" rel=\"nofollow noopener\" target=\"_blank\">Freight &amp; Trucking<\/a><\/u><\/p>\n<p><br class=\"dnr\"\/>The Global Road Freight Transportation market is projected to reach <span class=\"xn-money\">3361.2 Billion USD<\/span> 2029, increasing from <span class=\"xn-money\">3101.8 Billion USD<\/span> 2022, with the\u00a0CAGR of 3.92% during the period of 2023 to 2029.<\/p>\n<p><b>Major Factors Driving the Growth of Road Freight Transportation Market:<\/b><\/p>\n<p>The Road Freight Transportation market is expanding as a result of numerous important reasons. Increased demand for the transportation of commodities is a result of economic growth and international commerce, while efficiency and sustainability are improved by technical breakthroughs like telematics and data analytics. Adoption of environmentally friendly technology is being encouraged by environmental concerns.<\/p>\n<p>Rapid urban expansion and e-commerce have accelerated urbanization and the growth of last-mile delivery services. Companies are turning to road freight due to the requirement for varied transportation choices and supply chain resiliency.\u00a0 This is further expected to drive the growth of the Road Freight Transportation market.<\/p>\n<p><b>Get Free Sample: <\/b><u><a href=\"https:\/\/reports.valuates.com\/request\/sample\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation_Industry_Research_Report_Growth_Trends_and_Competitive_Analysis_2022_2028\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/reports.valuates.com\/request\/sample\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation<\/a><\/u><\/p>\n<p><b>TRENDS INFLUENCING THE GROWTH OF ROAD FREIGHT TRANSPORTATION MARKET:<\/b><\/p>\n<p>The market for road freight transport is heavily influenced by economic growth. The need for the transfer of commodities and raw resources rises as economies develop. The expansion of manufacturing, e-commerce, and international trade all contribute significantly to the need for road freight transportation. According to projections, this need will increase going forward, fueling the expansion of the road freight transportation market.<\/p>\n<p>The cost of moving goods by road is reasonable. Due to the use of existing infrastructure and relatively inexpensive transport equipment, road freight is a financially advantageous form of transportation. Road freight is typically the best option for businesses with low transit volumes since the price benefit is most noticeable for little amounts of freight. LTL in particular is a desirable option in this context. Similar to how flexible route planning and intermediate stops are made possible by the well-developed road infrastructure. A route may be readily expanded and changed with road freight. Because using the road infrastructure is permitted at any time without prior authorization or reservations, transport requests made on the spur of the moment are usually fulfilled. Trucks can be used for intermodal transport. When loaded, they could travel on specialized waggons via rail and the sea. This avoids the need for laborious reloading when switching between modes of transportation.<\/p>\n<p>The need for last-mile delivery services has increased as a result of rapid urbanization and the expansion of e-commerce. In order to reach customers in metropolitan areas, more road freight transportation is required. To accommodate this demand, businesses are growing their fleets and distribution systems, which is fueling market expansion.<\/p>\n<p>Road freight movement is significantly impacted by fuel prices. Operating costs may change as a result of changes in oil prices. Alternative fuels and fuel-efficient automobiles are being investigated to reduce this cost and enable market expansion. Additionally, there is growing pressure on the road freight transportation sector to minimize its environmental effect. Adoption of greener practices, such using electric and hydrogen-powered vehicles, is being sped up by regulations and public awareness. The industry needs to become more sustainable in order to stay competitive, which will encourage investments in eco-friendly practices and technology.<\/p>\n<p>Technology developments have changed the way that goods are transported by vehicle. Fleet management systems, GPS, and telematics have increased productivity and safety. Routes have been optimized and operating expenses have decreased thanks to automation and the incorporation of data analytics. These technical advancements improve the market&#8217;s sustainability and competitiveness, which supports market expansion.<\/p>\n<p><b>View Full Report: <\/b><u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-4G12397\/global-road-freight-transportation\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-4G12397\/global-road-freight-transportation<\/a><\/u><\/p>\n<p><b>ROAD FREIGHT TRANSPORTATION MARKET SHARE ANALYSIS:<\/b><\/p>\n<p>A vital and dynamic component of the logistics and supply chain infrastructure of the continent is the North American road freight transportation market. <span class=\"xn-location\">The United States<\/span> controls a substantial portion of the North American market for road freight transportation. The market is characterized by a competitive environment that includes a mix of big carriers, SMEs, and owner-operators.<\/p>\n<p><b>Get Regional Report: <\/b><\/p>\n<p><u><a href=\"https:\/\/reports.valuates.com\/request\/regional\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation_Industry_Research_Report_Growth_Trends_and_Competitive_Analysis_2022_2028\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/reports.valuates.com\/request\/regional\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation<\/a><\/u><\/p>\n<p><b>KEY PLAYERS<\/b><\/p>\n<ul type=\"disc\">\n<li>UPS<\/li>\n<li>FedEx Freight<\/li>\n<li>J.B. Hunt Transport Services<\/li>\n<li>YRC Worldwide<\/li>\n<li>Swift Transportation<\/li>\n<li>Schneider national<\/li>\n<li>ArcBest<\/li>\n<li>Estes Express Lines<\/li>\n<\/ul>\n<p><b>Get Customized Report:<\/b><\/p>\n<p><u><a href=\"https:\/\/reports.valuates.com\/request\/customisation\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation_Industry_Research_Report_Growth_Trends_and_Competitive_Analysis_2022_2028\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/reports.valuates.com\/request\/customisation\/QYRE-Auto-4G12397\/Global_Road_Freight_Transportation<\/a><\/u><\/p>\n<p><b>Buy Now for Single User + Covid-19 Impact : <\/b><u><a href=\"https:\/\/reports.valuates.com\/api\/directpaytoken?rcode=QYRE-Auto-4G12397&amp;lic=single-user\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/reports.valuates.com\/api\/directpaytoken?rcode=QYRE-Auto-4G12397&amp;lic=single-user<\/a><\/u>\u00a0<\/p>\n<p><b>SUBSCRIPTION<\/b><\/p>\n<p>We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.<\/p>\n<p><b>SIMILAR REPORTS<\/b><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-5P9366\/global-road-freight-transportation-services\" rel=\"nofollow noopener\" target=\"_blank\">market for Road Freight Transportation Services<\/a><\/u>\u00a0estimated at <span class=\"xn-money\">USD 1712420 million<\/span> in the year 2022, is projected to reach a revised size of <span class=\"xn-money\">USD 1974280 million<\/span> by 2028, growing at a CAGR of 2.4% during the forecast period 2022-2028.<\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-23I9045\/global-cross-border-road-freight\" rel=\"nofollow noopener\" target=\"_blank\">Cross Border Road Freight Market<\/a><\/u><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-10A1891\/global-intermodal-freight-transportation\" rel=\"nofollow noopener\" target=\"_blank\">Intermodal Freight Transportation market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 44620 million<\/span> by 2028, from <span class=\"xn-money\">USD 23220 million<\/span> in 2021, at a CAGR of 9.3% during 2022-2028<b>.<\/b><\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-0N13822\/global-artificial-intelligence-ai-in-the-freight-transportation\" rel=\"nofollow noopener\" target=\"_blank\">Artificial Intelligence (AI) in the Freight Transportation Market<\/a><\/u><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-15S6252\/global-freight-transportation-management\" rel=\"nofollow noopener\" target=\"_blank\">Freight Transportation Management market<\/a><\/u>\u00a0is projected to grow from <span class=\"xn-money\">USD 11460 million<\/span> in 2023 to <span class=\"xn-money\">USD 15740 million<\/span> by 2029, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/ALLI-Auto-3T152\/logistics\" rel=\"nofollow noopener\" target=\"_blank\">logistics market<\/a><\/u> size is valued at <span class=\"xn-money\">USD 7641.20 billion<\/span> in 2017 and is projected to reach <span class=\"xn-money\">USD 12975.64 billion<\/span> by 2027 registering a CAGR of 6.5% from 2020 to 2027.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/reports\/ALLI-Manu-1C45\/express-delivery\" rel=\"nofollow noopener\" target=\"_blank\">express delivery market<\/a><\/u>\u00a0size was valued at <span class=\"xn-money\">USD 262.86 billion<\/span> in 2020 and is projected to reach <span class=\"xn-money\">USD 484.38 billion<\/span> by 2030 registering a CAGR of 6.4% from 2021 to 2030.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Othe-4Q275\/freight-forwarding\" rel=\"nofollow noopener\" target=\"_blank\">Freight Forwarding market<\/a><\/u>\u00a0size is about <span class=\"xn-money\">186 billion USD<\/span> in 2021 and is expected to grow at a CAGR of 3.3% in the forecast years till 2028.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/ALLI-Auto-2E303\/third-party-logistics-3pl\" rel=\"nofollow noopener\" target=\"_blank\">3rd party logistics market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 1027.71 billion<\/span> in 2019 and is projected to reach <span class=\"xn-money\">USD 1789.94 billion<\/span> by 2027 registering a CAGR of 7.1% from 2020 to 2027.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-16T3301\/global-air-cargo\" rel=\"nofollow noopener\" target=\"_blank\">Air Cargo market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 111810 Million<\/span> by 2027, from <span class=\"xn-money\">USD 82570 Million<\/span> in 2020, at a CAGR of 4.0% during 2021-2027.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/ALLI-Manu-0J34\/autonomous-last-mile-delivery\" rel=\"nofollow noopener\" target=\"_blank\">autonomous last mile delivery market<\/a><\/u>\u00a0size is expected to be valued at <span class=\"xn-money\">USD 11.90 Billion<\/span> in 2021 and is projected to reach <span class=\"xn-money\">USD 84.72 Billion<\/span> by 2030, registering a CAGR of 24.4% during the forecast period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-28C1583\/global-digital-logistics\" rel=\"nofollow noopener\" target=\"_blank\">Digital Logistics market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 22170 million<\/span> by 2028, from <span class=\"xn-money\">USD 10230 million<\/span> in 2021, at a CAGR of 11.5% during 2022-2028.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-16E9605\/global-evtol-aircraft\" rel=\"nofollow noopener\" target=\"_blank\">eVTOL Aircraft market<\/a><\/u>\u00a0size is estimated to be worth <span class=\"xn-money\">USD 51780 million<\/span> in 2022 and is forecast to a readjusted size of <span class=\"xn-money\">USD 97370 million<\/span> by 2028 with a CAGR of 11.1% during the review period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-22T543\/global-last-mile-delivery\" rel=\"nofollow noopener\" target=\"_blank\">Last Mile Delivery market<\/a><\/u>\u00a0size is estimated to be worth <span class=\"xn-money\">USD 42860 million<\/span> in 2022 and is forecast to a readjusted size of <span class=\"xn-money\">USD 75510 million<\/span> by 2028 with a CAGR of 9.9% during the review period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-18U764\/global-same-day-delivery\" rel=\"nofollow noopener\" target=\"_blank\">Same Day Delivery Service market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 21140 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 58530 million<\/span> by 2029, witnessing a CAGR of 18.5% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-32R1184\/global-drone-transportation-and-logistics\" rel=\"nofollow noopener\" target=\"_blank\">Drone Logistics and Transportation market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 12180 million<\/span> by 2028, from <span class=\"xn-money\">USD 5752.2 million<\/span> in 2021, at a CAGR of 10.8% during 2022-2028.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-16T3301\/global-air-cargo\" rel=\"nofollow noopener\" target=\"_blank\">Air Cargo market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 111810 Million<\/span> by 2027, from <span class=\"xn-money\">USD 82570 Million<\/span> in 2020, at a CAGR of 4.0% during 2021-2027.<\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-7G15432\/global-tms-platform\" rel=\"nofollow noopener\" target=\"_blank\">TMS Platform Market<\/a><\/u><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/reports\/QYRE-Othe-1D493\/freight-trucking\" rel=\"nofollow noopener\" target=\"_blank\">Freight Trucking market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 1110460 million<\/span> by 2027, from <span class=\"xn-money\">USD 875560 million<\/span> in 2020, at a Compound Annual Growth Rate (CAGR) of 3.0% during 2021-2027.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/reports\/QYRE-Auto-4H1934\/global-intelligent-transportation-system-its\" rel=\"nofollow noopener\" target=\"_blank\">Intelligent Transportation System (ITS) market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 1610.8 Million<\/span> by 2028, from <span class=\"xn-money\">USD 901.4 Million<\/span> in 2021, at a CAGR of 8.2% during 2022-2028.<\/p>\n<p>&#8211;\u00a0 \u00a0The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-33H5823\/global-reverse-logistics\" rel=\"nofollow noopener\" target=\"_blank\">Reverse logistics market<\/a><\/u>\u00a0estimated at USD\u00a0 642 in the year 2021, is projected to reach a revised size of <span class=\"xn-money\">USD 921.6 Billion<\/span> by 2028, growing at a CAGR of 5.3% during the forecast period 2021-2028.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/reports\/QYRE-Auto-16K9118\/global-railcar-leasing\" rel=\"nofollow noopener\" target=\"_blank\">Railcar Leasing market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 10860 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 13990 million<\/span> by 2029, witnessing a CAGR of 4.3% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-L219\/global-pharmaceutical-logistics\" rel=\"nofollow noopener\" target=\"_blank\">Pharmaceutical Logistics market<\/a><\/u>\u00a0size is estimated to be worth <span class=\"xn-money\">USD 102660 Million<\/span> in 2022 and is forecast to a readjusted size of <span class=\"xn-money\">USD 156680 Million<\/span> by 2028 with a CAGR of 7.3% during the review period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/ALLI-Auto-4K459\/unmanned-traffic-management\" rel=\"nofollow noopener\" target=\"_blank\">unmanned traffic management market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 0.78 Billion<\/span> in 2021, and is projected to reach <span class=\"xn-money\">USD 3.1 Billion<\/span> by 2031, growing at a CAGR of 15.7% from 2022 to 2031.<\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-35W6865\/global-aerospace-unit-load-devices-uld\" rel=\"nofollow noopener\" target=\"_blank\">Aerospace Unit Load Devices (ULD) Market<\/a><\/u><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-39Q2263\/global-ocean-freight-forwarding\" rel=\"nofollow noopener\" target=\"_blank\">Ocean Freight Forwarding market<\/a><\/u>\u00a0size is projected to reach <span class=\"xn-money\">USD 206360 million<\/span> by 2027, from <span class=\"xn-money\">USD 125200 million<\/span> in 2020, at a CAGR of 7.4% during 2021-2027.<\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/reports\/QYRE-Auto-36Y633\/global-freight-brokerage\" rel=\"nofollow noopener\" target=\"_blank\">Freight Brokerage market<\/a><\/u>\u00a0is projected to reach <span class=\"xn-money\">USD 82150 million<\/span> by 2028 from an estimated <span class=\"xn-money\">USD 60610 million<\/span> in 2022, at a CAGR of 5.2% during 2023 and 2028.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-5Q14069\/global-tms-for-freight-forwarder\" rel=\"nofollow noopener\" target=\"_blank\">TMS For Freight Forwarder market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 556 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 1034.3 million<\/span> by 2029, witnessing a CAGR of 10.9% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-14Q6066\/global-air-freight-service\" rel=\"nofollow noopener\" target=\"_blank\">Air Freight Service market<\/a><\/u>\u00a0is projected to grow from <span class=\"xn-money\">USD 777.3 million<\/span> in 2023 to <span class=\"xn-money\">USD 891 million<\/span> by 2029, at a Compound Annual Growth Rate (CAGR) of 2.3% during the forecast period.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-14I5355\/china-air-freight-unit-load-device-uld\" rel=\"nofollow noopener\" target=\"_blank\">Air Freight Unit Load Device (ULD) market <\/a><\/u>was valued at <span class=\"xn-money\">USD 393.4 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 544.6 million<\/span> by 2029, witnessing a CAGR of 4.7% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-16H190\/global-road-transport-refrigeration-equipment\" rel=\"nofollow noopener\" target=\"_blank\">Road Transport Refrigeration Equipment market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 8853.2 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 12010 million<\/span> by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-13L13646\/global-cold-chain-logistics-service-in-pharma\" rel=\"nofollow noopener\" target=\"_blank\">Cold Chain Logistics Service in Pharma Market<\/a><\/u><\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/QYRE-Auto-13W6175\/global-logistics-automation\" rel=\"nofollow noopener\" target=\"_blank\">Logistics Automation market<\/a><\/u>\u00a0was valued at <span class=\"xn-money\">USD 62630 million<\/span> in 2022 and is anticipated to reach <span class=\"xn-money\">USD 105610 million<\/span> by 2029, witnessing a CAGR of 9.1% during the forecast period 2023-2029.<\/p>\n<p>&#8211;\u00a0 The global <u><a href=\"https:\/\/reports.valuates.com\/market-reports\/ALLI-Manu-0R88\/warehouse-automation\" rel=\"nofollow noopener\" target=\"_blank\">warehouse automation market<\/a><\/u>\u00a0size was valued at <span class=\"xn-money\">USD 13.6 billion<\/span> in 2021, and is projected to reach <span class=\"xn-money\">USD 57.6 billion<\/span> by 2031, growing at a CAGR of 15.3% from 2022 to 2031.<\/p>\n<p>Click here to see related reports on <u><a href=\"https:\/\/reports.valuates.com\/search?qccode=All&amp;qstr=Road%20Freight%20Transportation%20Market&amp;qcname=All&amp;category=\" rel=\"nofollow noopener\" target=\"_blank\">Road Freight Transportation Market<\/a><\/u><\/p>\n<p><b>ABOUT US:<\/b><\/p>\n<p>Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.<\/p>\n<p>Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that&#8217;s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.<\/p>\n<p>To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. 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It is published in Valuates Reports Under the Category of Freight &amp; Trucking The Global Road Freight Transportation market is projected to reach 3361.2 Billion USD 2029, increasing from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":946082,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1285587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Road Freight Transportation Market Size to Grow USD 3361.2 ... - PR Newswire - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.prnewswire.com\/news-releases\/road-freight-transportation-market-size-to-grow-usd-3361-2-billion-by-2029-with-a-cagr-of-3-92--valuates-reports-301956287.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Road Freight Transportation Market Size to Grow USD 3361.2 ... - PR Newswire - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"BANGALORE, India, Oct. 13, 2023 \/PRNewswire\/ &#8212; Road Freight Transportation Market\u00a0is Segmented By Type( Full Truckload,Less-Than-Truckload), By Application (Domestic,International): Global Opportunity Analysis and Industry Forecast, 2023-2029. 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