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FTL&LTL Shipping Services Market, Global Outlook and Forecast 2023-2029

FTL<L Shipping Services Market, Global Outlook and Forecast 2023-2029

  • Published on : 11 June 2023
  • Pages :118
  • Report Code:SMR-7715469

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Report overview

There two types of road freight shipping Full Truckload (FTL) and Less than Truckload (LTL).
Full Truckload (FTL) meaning that the shipment will take up an entire truck by itself. FTL shipments are typically used when there are ten or more palettes that need to ship.Less than Truckload (LTL).meaning that the shipment will not take up an entire truck. These types of shipments typically weigh between 100 and 10,000 pounds.
This report aims to provide a comprehensive presentation of the global market for FTL<L Shipping Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding FTL<L Shipping Services. This report contains market size and forecasts of FTL<L Shipping Services in global, including the following market information:
Global FTL<L Shipping Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global FTL<L Shipping Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Full Truckload (FTL) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of FTL<L Shipping Services include United World Logistics, UPS, FedEx, Deutsche Post, Union Pacific, DHL, Estes Express Lines, Old Dominion Freight Line and YRC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the FTL<L Shipping Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global FTL<L Shipping Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global FTL<L Shipping Services Market Segment Percentages, by Type, 2022 (%)
Full Truckload (FTL)
Less than Truckload (LTL)
Global FTL<L Shipping Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global FTL<L Shipping Services Market Segment Percentages, by Application, 2022 (%)
Food & Beverage
Perishable Goods
Clothing
Electronics
Chemicals
Construction Materials
Industrial Equipment & Parts
Others
Global FTL<L Shipping Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global FTL<L Shipping Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies FTL<L Shipping Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies FTL<L Shipping Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
United World Logistics
UPS
FedEx
Deutsche Post
Union Pacific
DHL
Estes Express Lines
Old Dominion Freight Line
YRC
Holland Trucking
Southeastern Freight Lines
J.B. Hunt
Schneider
Swift Transportation
Werner Enterprises
Deppon
XPO Logistics
ABF Freight
SF Express
Shanghai ANE Logistics
China Postal Express & Logistics Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of FTL<L Shipping Services, market overview.
Chapter 2: Global FTL<L Shipping Services market size in revenue.
Chapter 3: Detailed analysis of FTL<L Shipping Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of FTL<L Shipping Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.