Global Road Freight Trends in 2024
Road Freight is part of Freight and includes a number of sub-sectors such as Trucking. You may also be interested in Sea Freight and Shipping Container.
Global freight volume is projected to hit 26.5 million tonne-kilometers by 2028, up from 24.4 million tonne-kilometers in 2023. This marks an annual growth rate of 1.5%. Since 2019, the global supply has increased by 1% each year. In Europe, freight revenue is expected to reach €403 billion by 2028, up from €375 billion in 2023, reflecting an annual growth rate of 1.2%. The European market has seen a yearly increase of 3.5% since 2019. Italy leads the European freight market in 2023, with revenues hitting €49 billion. France, Poland, and Germany follow in the second, third, and fourth spots, respectively. Lithuania has shown a significant annual growth rate of 5.7% since 2019, while Ireland's revenue has decreased by 3.4% year on year over the same period.
Top 10 countries
In 2024 major markets in the Road Freight Industry were:
World Road Freight Market Data and Forecasts
How much the Road Freight industry is expected to grow to 2028?
World Road Freight Top Rankings
Global Road Freight Statistics
- Road Freight Volume 68 countries (Europe, Northern Europe, Eastern Europe...)
- Road Freight Fleet 69 countries (Europe, Northern Europe, Western Europe...)
- Commercial Vehicle Fleet 170 countries (Europe, Northern Europe, Western Europe...)
- Truck Fleet 58 countries (Europe, Northern Europe, Western Europe...)
- Freight Volume 82 countries (Europe, Northern Europe, Southern Europe...)
- Vehicle Registration 170 countries (Europe, Northern Europe, Eastern Europe...)
- Number Of Enterprises 66 countries (Europe, Northern Europe, Southern Europe...)
- Wholesale Price Index 190 countries (Europe, Southern Europe, Northern Europe...)
- Crop Production 238 countries (Africa, Sub-Saharan Africa, Latin America...)
- Employment Income 87 countries (Europe, Southern Europe, Northern Europe...)
