Road Haulage Market Size

Road Haulage Market size was valued at USD 3.58 billion in 2024 and is likely to cross USD 7.36 billion by 2037, registering more than 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of road haulage is estimated at USD 3.74 billion.

Urbanization and population growth result in increased demand for goods and services, leading to higher freight volumes. As observed by US Department of Transportation, the US transport system moved an average of about 53.6 million tonnes of freight, worth more than USD 54 billion, per day in 2021. As more people move to urban areas, there is a greater need for goods to be transported from distribution centers to retail stores and residences. Road haulage companies play a crucial role in facilitating this movement of goods within and between cities.