Dublin, Oct. 29, 2020 (GLOBE NEWSWIRE) -- The "Road Freight Transportation Market in North America 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The road freight transportation market in North America is poised to grow by $ 59.20 bn during 2020-2024 progressing at a CAGR of 1% during the forecast period.
The report on road freight transportation market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current North America market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to increase operational efficiency, increase in freight tonnage and growth of automotive and auto components industry. In addition, need to increase operational efficiency is anticipated to boost the growth of the market as well.
The road freight transportation market in North America market analysis includes type segment and geographical landscapes. This study identifies the increase in M&A as one of the prime reasons driving the road freight transportation market in North America growth during the next few years. Also, use of alternative fuels and introduction of self-driven trucks will lead to sizable demand in the market.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading road freight transportation market in North America vendors that include APL Logistics Ltd., FedEx Corp., J.B. Hunt Transport Services Inc., Knight-Swift Transportation Holdings Inc., Old Dominion Freight Line Inc., Ryder System Inc., Schneider National Inc., United Parcel Service Inc., XPO Logistics Inc., and YRC Worldwide Inc..
Also, the road freight transportation market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Type of Carrier
Comparison by Type of Carrier
Full truckload - Market size and forecast 2019-2024
Less-than truckload - Market size and forecast 2019-2024
Market opportunity by Type of Carrier
US - Market size and forecast 2019-2024
Canada - Market size and forecast 2019-2024
Mexico - Market size and forecast 2019-2024
Market opportunity by geography
Market drivers - Demand led growth
Market positioning of vendors
APL Logistics Ltd.
J.B. Hunt Transport Services Inc.
Knight-Swift Transportation Holdings Inc.
Old Dominion Freight Line Inc.
Ryder System Inc.
Schneider National Inc.
United Parcel Service Inc.
XPO Logistics Inc.
YRC Worldwide Inc.
For more information about this report visit https://www.researchandmarkets.com/r/wb6cnd
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