The volume of road freight transport in the US stood at 3.4347 trillion tonne kilometers in 2023. Between 2013 and 2023, the sector exhibited notable fluctuations. A peak in 2018 was followed by minor declines and modest rebounds. Over the last two years, there has been a near-stagnant trend with a mere 0.94% increase in 2023 and a slight 0.65% decline in 2022. From 2024 onward, the industry is expected to show slow but steady growth, with a forecasted CAGR of 0.55% leading to a projected volume of 3.5546 trillion tonne kilometers by 2028.
Future trends to watch for:
- Advances in logistics technology and infrastructure improvement.
- Shifts in regulatory policies and emission standards.
- Impact of economic conditions and trade policies on freight demand.
Latest reports
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France Trucking Market Report- Q1 2025
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